About Bakkt
Bakkt is a company based in Alpharetta (United States) founded in 2018 by Jeff Sprecher. Bakkt has raised $482.5 million across 2 funding rounds from investors including PayU, Galaxy and BCG. The company has 559 employees. Bakkt has completed 4 acquisitions, including Apex Crypto, Bridge2Solutions and Digital Asset Custody. Bakkt offers products and services including BakktX Brokerage, Custody, and Onramp Solutions. Bakkt operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
- Annual Revenue$2.34 B (USD)-32.14as on Dec 31, 2025
- Net Profit-$107.21 M (USD)-129.78as on Dec 31, 2025
- EBITDA-$114.23 M (USD)-56.1as on Dec 31, 2025
- Total Equity Funding$482.5M (USD)
in 2 rounds
- Latest Funding Round$300M (USD), Series B
Feb 2020
- InvestorsPayU
& 11 more
- Employee Count559
- Investments & AcquisitionsApex Crypto
& 3 more
Products & Services of Bakkt
Bakkt offers a comprehensive portfolio of products and services, including BakktX Brokerage, Custody, and Onramp Solutions.
U.S.-regulated platform for crypto trading and liquidity
Secure institutional-grade storage for digital assets
Services for seamless fiat-to-crypto conversions
Apps and channels of Bakkt
its YouTube channel Bakkt has 76 subscribers and 4 videos.
Videos from Bakkt
The most watched videos on Bakkt's YouTube channel, Bakkt (76 subscribers). Click a video to play it here.
More on Bakkt.
Funding Insights of Bakkt
Bakkt has successfully raised a total of $482.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $300 million completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $482.5M
- Total Rounds 2
- Last Round Series B — $300M
- First Round $182.5M
(Dec 2018)
- Investors Count 12
All 2 funding rounds of Bakkt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $300M | Series B | – | M12, BCG | – |
| Dec 2018 | $182.5M | Series A | – | Horizons Ventures, Pantera Capital |
12 investors in total: 11 institutional and 1 angel.
Investors in Bakkt
Bakkt has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include PayU, Galaxy and BCG.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology startups are facilitated by M12. | – | m12.vc | San Francisco, United States | |
Early-stage blockchain technology companies are invested in by the firm. | – | cmt.digital | Chicago, United States | |
Blockchain-focused investment funds and venture capital are provided. | – | panteracapital.com | Menlo Park, United States | |
Goldfinch Partners is focused on accelerating digital transformation through investments. | 2018 | goldfinchpartners.com | - | |
Horizons Ventures is focused on investing in deep science and technology. | – | horizonsventures.com | Hong Kong, China | |
Provider of business consulting & strategy, and risk management services | 1963 | bcg.com | Boston, United States | |
Online payment processing and credit solutions are provided for businesses. | 2002 | payu.com | Amsterdam, Netherlands | |
Proprietary trading firm specializing in financial markets liquidity and algorithmic strategies. | 2004 | eagleseven.com | Chicago, United States | |
Provider of SAP Business One implementation and support services | 2017 | protocolventures.com | San Francisco, United States | |
Galaxy is recognized as a leader in digital assets and data center infrastructure. | 2018 | galaxy.com | New York, United States |
Investor details for Bakkt
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Bakkt
76 people are tracked at Bakkt (44 in leadership, 2 in board & advisors, 30 in team); the tracked headcount is 559.
| Name | Role | Group |
|---|---|---|
Jeff Sprecher | Co-Founder | Leadership |
Andy Main | Co-CEO & President | Leadership |
Akshay Naheta | Co-CEO | Leadership |
Mark Eckrote | Director Of Customer Success Operations | Leadership |
Timothy Welsh | Senior Director Counsel | Leadership |
Eric Schneider Cams | Director BSA And Sanctions Compliance | Leadership |
Christina M. C. | Director Of Product Management - Apple Storefront | Leadership |
Sarah Adams | Director, Payment Partner & Supplier Support | Leadership |
Deepika Sikka (ACCA) | Director-financial Planning And Analysis | Leadership |
Wes Seiz | Director Of Fp&a And Tax | Leadership |
Rameez Ali | Senior Vice President, Chief Audit Executive | Leadership |
Aaron Williams | Director/product Owner, Payments | Leadership |
Angela Turlington | Director, Information Security - GRC | Leadership |
Kenneth Burgess | Director Of Business Development | Leadership |
Kyle Unterseher | Director Business Development - Institutional Client | Leadership |
Jacquelyn Bechtel | Director, Client Success | Leadership |
Hollie Ross | Director, Product Management, Travel | Leadership |
Ferdinand Burns (Freddie) | Senior Director, Contact Center Operations | Leadership |
Sam Auch | Vice President - Head Of Client Success | Leadership |
Natalie M. | Director - Data Analytics | Leadership |
56 more people are available in the full profile.
Complete people profiles for Bakkt
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Bakkt
Bakkt is a publicly listed company on the NYSE with ticker symbol BKKT in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date20 Nov 2020
- Listed onNYSE: BKKT
- Listed entityBakkt Holdings, Inc.
- Exchange sectorCommercial services
- ISINUS05759B3050
- Share price$6.88 (-2.13% on the day) · 2026-10-09
- Market capitalisation$310.1M
- EPS (diluted, trailing year)$-2.96
- Volume (last session)864,893
Financials of Bakkt
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $2.34B | -$107.2M | -$114.2M |
| 2024 | $3.44B | -$46.7M | -$73.2M |
| 2023 | $780.1M | -$74.8M | -$114.3M |
| 2022 | $56.2M | -$578.1M | -$152.0M |
| 2021 | $39.4M | -$183.2M | -$167.2M |
Detailed financial statements for Bakkt
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Bakkt
Bakkt has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Apex Crypto, Bridge2Solutions and Digital Asset Custody.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Brokerage services for trading and storing digital assets are offered. | apexcrypto.com | Chicago, United States | 2014 | Nov 2022 | $155M | |
Marketing and fulfillment solutions | bridge2solutions.com | Daytona Beach, United States | 2006 | Feb 2020 | •••• | |
Crypto asset custody services are offered to institutional clients. | digitalassetcustody.com | Secaucus, United States | 2017 | Apr 2019 | •••• | |
Futures and options brokerage for commodities is provided globally. | rcgdirect.com | Chicago, United States | 1923 | Feb 2019 | •••• |
Complete acquisition details for Bakkt
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Bakkt
8 dated milestones of Bakkt across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Bakkt is founded.
- Funding First funding round of $182.5M.
- Acquisition Acquires Marex.
- Acquisition Acquires Digital Asset Custody.
- Acquisition Acquires Bridge2Solutions.
- Funding Latest funding round, Series B, of $300.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Apex Crypto.
Competitors of Bakkt
Bakkt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| consensys.io | 2014 | Fort Worth, United States | $725M | 900 | Developer of blockchain and web3 software platform | |
| luno.com | 2013 | London, United Kingdom | $13M | 127 | Mobile app for storing and trading cryptocurrencies is utilized. | |
| uphold.com | 2013 | London, United Kingdom | $73.36M | 14 | App-based wallet and exchange platform for cross-border money transfers | |
| coins.ph | 2014 | Pasig, Philippines | $40M | – | Digital wallet for Bitcoin assets | |
| blockfi.com | 2017 | Jersey, United States | $465.65M | – | Crypto trading, loans, interest accounts, and wallets are offered online. | |
| crypto.com | 2016 | Singapore | – | – | App-based trading and deposit solutions for cryptocurrency are provided. | |
| bitgo.com | 2013 | Palo Alto, United States | $170.5M | 166 | Crypto-based custody, trading, and lending services are provided to institutions. | |
| fireblocks.com | 2018 | New York, United States | $1.04B | – | Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service | |
| matrixport.com | 2019 | Singapore | $100M | 290 | App-based platform offering crypto investment products and financial services solutions | |
| galaxy.com | 2018 | New York, United States | – | 390 | Galaxy is recognized as a leader in digital assets and data center infrastructure. |
Detailed competitors of Bakkt
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Bakkt
The website of Bakkt (bakkt.com) receives about 32K visits a month and ranks #597,072 among all websites worldwide, #5,900 in Investing.
- Monthly visits32K
▼ 41.1% vs previous month
- Unique visitors25.4K
per month
- Global rank#597,072
among all websites
- Category rank#5,900
Finance · Investing
- Bounce rate42%
- Pages per visit2.1
- Average visit23 sec
- DevicesDesktop 13% · Mobile 87%
Websites whose visitors overlap most with Bakkt. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
buybitcoinworldwide.com | buybitcoinworldwide.com | 100% | – | #675,687 | – |
| spectrocoin.com | 100% | 92.9K | #348,026 | View details | |
| bitcoindepot.com | 100% | 133.9K | #307,400 | View details | |
| bitmain.com | 100% | 266.7K | #145,976 | View details |
Latest news on Bakkt
Complete news archive for Bakkt
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Similar companies to Bakkt
10 companies that operate in the same segment as Bakkt (Cryptocurrencies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | – | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | – | |
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | – | – | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 3,770 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico | USD 331.35 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
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Frequently Asked Questions about Bakkt
Bakkt was founded in 2018.
Bakkt is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
Andy Main is the current CEO of Bakkt.
Bakkt is a funded company, having raised a total of $482.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $182.5M, raised on Dec 2018.
Bakkt has 559 employees.
Annual revenue of Bakkt is $2.34B as on Dec 31, 2025.
Bakkt was established in 2018 in Alpharetta, United States, within the cryptocurrency and fintech sector. Mobile app-based services are delivered for trading and payments, targeting businesses, institutions, and individuals. Digital asset management is facilitated through wallets, alongside trading, gift cards, money transfers, and withdrawals. Fraud protection tools are supplied to merchants. Availability is ensured on Android and iOS platforms.
Bakkt offers BakktX Brokerage, Custody, and Onramp Solutions.
Yes, Bakkt is publicly traded on NYSE under the ticker symbol BKKT.
Bakkt has made 4 acquisitions, including Apex Crypto, Bridge2Solutions, and Digital Asset Custody.
Bakkt has 12 investors. Key investors include PayU, Galaxy, BCG, Protocol Ventures, and M12.