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 as of December 31, 2024. 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.
- Headquarter Alpharetta, United States
- Employees 559 as on 31 Dec, 2024
- Founders Jeff Sprecher
- Stage Public
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Bakkt Holdings, Inc.
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Annual Revenue
$3.49 B (USD)347.39as on Dec 31, 2024
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Net Profit
-$46.66 M (USD)37.67as on Dec 31, 2024
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EBITDA
-$83.36 M (USD)27.06as on Dec 31, 2024
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Total Equity Funding
$482.5 M (USD)
in 2 rounds
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Latest Funding Round
$300 M (USD), Series B
Feb 28, 2020
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Investors
PayU
& 11 more
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Employee Count
559
as on Dec 31, 2024
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Investments & Acquisitions
Apex Crypto
& 3 more
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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.
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
People of Bakkt
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Software Development Team
17 people
Leadership Team
12 people
Legal and Compliance
7 people
Operations Team
6 people
Product Management Team
5 people
Finance and Accounting
5 people
Customer Team
4 people
Board Team
2 people
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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.
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.
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Venture capital investments in technology startups are facilitated by M12.
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Early-stage blockchain technology companies are invested in by the firm.
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Blockchain-focused investment funds and venture capital are provided.
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Investor details for Bakkt
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
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.
Investment portfolio details for Bakkt
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Crypto asset custody services are offered to institutional clients.
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Brokerage services for trading and storing digital assets are offered.
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Marketing and fulfillment solutions
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Locked | Locked | 2006 | Locked |
Complete acquisition details for Bakkt
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Bakkt
Detailed financials for Bakkt
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- Profit trends
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Bakkt Comparisons
Peer comparison for Bakkt
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- Named peers
- Headcount comparison
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- Operating benchmarks
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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.
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Developer of blockchain and web3 software platform
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Mobile app for storing and trading cryptocurrencies is utilized.
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App-based wallet and exchange platform for cross-border money transfers
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Digital wallet for Bitcoin assets
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Crypto trading, loans, interest accounts, and wallets are offered online.
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App-based trading and deposit solutions for cryptocurrency are provided.
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Detailed competitors of Bakkt
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on Bakkt
Complete news archive for Bakkt
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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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.
As of Dec 31, 2024, the latest employee count at Bakkt is 559.
Annual revenue of Bakkt is $3.49B as on Dec 31, 2024.
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.
The ticker symbol of Bakkt is BKKT on NYSE.