Bakkt has won a significant landmark, after reaching the stage of acceptance testing for its physical delivery Bitcoin (BTC) futures. The crypto community immediately reacted, seeing the event as a significant milestone:
https://twitter.com/hodlonaut/status/1152884164905095168
The news arrives at a time when US-based buyers of cryptocurrency have been restricted by new regulations, and introducing Bakkt means a new form of acquiring BTC. The Bakkt exchange has also worked to provide a custodial solution, ensuring greater security and oversight.
“On July 22, two days after Apollo 11’s 50th anniversary, Bakkt will initiate user acceptance testing for its bitcoin futures listed and traded at ICE (NYSE:ICE) Futures U.S. and cleared at ICE Clear US,”