Bakkt Signs Collaboration Agreement with Microsoft and Starbucks

Bakkt is a crypto-platform that wants to be revolutionary with its intercontinental ambitions. The launch of Bakkt has been scheduled since August following crucial steps such as the establishment of a partnership with giants like Microsoft or Starbucks. However, it was delayed in 2019 due to regularization.

The partnership with Microsoft and Starbucks

Announced in August, phase two of Bakkt is refocusing on the partnership with Microsoft and Starbucks, two giants who have significant influence in the field of technology and marketing. According to Maria Smith , vice president of partnerships and payments at Starbucks, the company "will play a pivotal role in developing practical, reliable and regulated applications that allow consumers to convert their digital assets into US dollars for use. at Starbucks ".

In addition, Microsoft's cloud will be leveraged to "provide a business that will enable consumers and institutions to buy, sell, store and spend digital assets on a seamless global network , " said Kelly Loeffler, CEO of Bakkt .

Bakkt adjourned for regulatory reasons

Bakkt will be adjourned pending regulatory approval. It will be finalized and launched in 2019 instead of December 2018, previously announced.

"Given Bakkt's interest and the work required to put all the pieces of the puzzle together, we will now target January 24, 2019 for our launch to ensure that our participants are ready to trade on Day 1" he says.

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