Bakkt launches ATM equity fundraising plan, aiming to raise up to $300 million

Bakkt, a digital asset trading platform, announced that it has established an ATM equity fundraising plan. According to its temporary registration statement submitted in June 2025, Bakkt can decide to issue and sell common stocks at its own discretion, with a maximum fundraising scale of $300 million. This move aims to enhance financial flexibility and support long-term growth strategies, including expanding the distribution of the Bakkt Agent program, expanding the Zaira stablecoin payment platform, increasing investment in the Bakkt Global program, and entering high potential markets.