PANews|Jan 12, 2026 15:41
[Bakkt Plans to Acquire Stablecoin Payment Infrastructure DTR]
According to an official announcement, Bakkt Holdings (NYSE: BKKT) has reached an agreement to acquire global stablecoin payment infrastructure company Distributed Technologies Research Ltd. (DTR) for approximately 9,128,682 shares of Class A common stock. This move aims to advance the integration of its stablecoin settlement and digital banking business. The transaction is expected to be completed following regulatory and shareholder approval, with ICE voting in favor of the deal. The company will be renamed 'Bakkt, Inc.' on January 22 and will host an Investor Day at the New York Stock Exchange on March 17.
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