Topic: Bakkt

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Colorism
Episode 1058 2:28:52 - 2:32:32

1058: Colorism

Bakkt Bitcoin Platform and Institutional Crypto Adoption

A new venture called Bakkt, backed by the Intercontinental Exchange (ICE), Microsoft, and Starbucks, aims to create a regulated ecosystem for digital assets. The platform will provide warehousing for Bitcoin, allowing institutional investors and 401k plans to treat it as a commodity. The hosts compared the current crypto hype to past digital currencies like Beanz and Flooz.