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Bakkt Expands International Reach into Five New Markets
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Overview
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Cryptocurrency company Bakkt Holdings is expanding its international reach into five new markets: Latin America, the United Kingdom, the European Union, Hong Kong, and Australia. The company is reducing its cash burn by 70% to 80% and has built the necessary infrastructure and technology to go to market.
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How does Bakkt plan to comply with rules and regulations in each market?
What are the potential benefits and challenges of Bakkt's reduced cash burn?
What factors are driving Bakkt's expansion into these new markets?
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