Bakkt, the crypto assets trading platform created by Intercontinental Exchange and backed by Microsoft (NASDAQ:MSFT) and Starbucks (NASDAQ:SBUX), has revealed some details on its future plans.
According to a publication in Medium, Bakkt will be federally regulated and will offer transparent, efficient price discovery and an institutional quality pre- and post-trade infrastructure. There will be no option for trading on margin and no leverage will be offered. Instead, Bakkt will rely on trusted price information. And even though “price discovery” might sound bland and boring for something as exciting as cryptocurrencies, it is essential, Bakkt notes.
One of the main features of the B...
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