Bakkt's Q3 revenue was $149.2 million, down 62.9% year-over-year, with net income of $14.3 million. According to Bakkt's announcement, the company's total revenue for the third quarter was $149.2 million, a 62.9% decrease from $402.2 million in the same period last year, primarily due to a decline in cryptocurrency trading volume. Net income attributable to the company for the quarter was $14.3 million, or $0.31 per diluted share, including a $26.8 million non-cash warrant gain. In the same period last year, the company reported a net loss of $14.9 million. Total transaction value (TTV) for the third quarter was $147.9 million. The company reiterated its target of approximately $3 billion in TTV for the full year of 2026 and set a target of $6 billion in TTV for the first half of 2027. Cash and restricted cash totaled $37.3 million at the end of the quarter.