According to Bakkt (NYSE: BKKT), a US-listed digital asset fintech company, its Q3 financial report released on November 9th showed a 62.9% year-over-year decrease in revenue to $149.2 million, primarily due to a decline in cryptocurrency trading volume. Bakkt mainly provides infrastructure services such as crypto asset trading, stablecoin settlement, and cross-border payments to financial institutions and fintech companies. The total transaction volume in Q3 was $147.9 million, bringing the cumulative total for the first three quarters to approximately $557.9 million. Despite this, the company maintains its full-year 2026 target of approximately $3 billion in total transaction volume and sets a target of approximately $6 billion for the first half of 2027. This means that approximately $2.442 billion in transaction volume needs to be achieved in Q4. The company's net profit for Q3 was $14.3 million, including approximately $26.8 million in non-cash warrant valuation gains, while adjusted EBITDA was a loss of $11.8 million. https://www.(wublock123.com)/news/bakkt-q3-revenue-down-63-to-149m-still-targeting-3b-trading-volume-71673