Bakkt Expands Cryptocurrency Offering Beyond Bitcoin With Addition of Ether

Posted on by American Coins & Gold

Bakkt Expands Cryptocurrency Offering Beyond Bitcoin With Addition of Ether
Digital asset platform Bakkt Holdings (NYSE: BKKT) will soon allow its customers to trade ether, the second-largest cryptocurrency, in addition to bitcoin, the company said in a statement Friday.Bakkt also said institutional clients can opt to use the Bakkt Warehouse for custody of ether.Shares of the Alpharetta, Ga.-based company, which started trading Oct. 18, rose about 4% Friday. The stock soared last month after Bakkt signed pacts with Mastercard and Fiserv for crypto payments.UPDATE (Nov. 5, 15:28 UTC): Changes photo for something more recent.