Markets
Bakkt Crypto Marketplace Assesses a Potential Sell-Off and Breakup
Bakkt Holdings Inc.the digital assets marketplace launched by the parent company of the New York Stock Exchange, is exploring a potential sale amid crypto-related buyout activity, according to people familiar with the matter.
Bakkt has been working with a financial advisor to evaluate a series of strategic options, including a breakup, said the sources, who asked not to be identified because the details are not public. No final decision has been made and Bakkt could choose to remain independent. A representative from Alpharetta, based in Georgia Bakkt declined to comment.