Bakkt Holdings, Inc. operates a digital asset platform. The company's platform enables consumers to buy, sell, convert, and spend digital assets. Its customers include merchants, retailers, and financial institutions. Bakkt Holdings, Inc. has a strategic alliance with the Global Payments to collaborate on use cases starting with enabling cryptocurrency redemption in customer loyalty programs offered by bankcard clients, as well as expanding its banking-as-a-service offerings to include consumer access to cryptocurrency. The company was formerly known as VPC Impact Acquisition Holdings and changed its name to Bakkt Holdings, Inc. The company was founded in 2018 and is headquartered in Alpharetta, Georgia. Bakkt Holdings, Inc. is a subsidiary of Intercontinental Exchange Holdings, Inc.

Kelly L. Loeffler

Jeffrey C. Sprecher

Bakkt Holdings, Inc.

Macellan SuperApp provides a platform for digital wallets from various brands in a single application, allowing users to securely spend using QR codes.

Macellan SuperApp

Founded in 2018, Bakkt builds crypto technology that enables businesses to grow with the crypto economy. Through institutional-grade custody, trading, and onramp capabilities, our clients leverage technology that’s built for sustainable, long-term involvement in crypto.  With ways to activate crypto via SaaS or API, businesses can select the option that's best for their strategy.

IntercontinentalExchange

The Boston Consulting Group

SGH CAPITAL

CityBlock Capital

CMT Digital Ventures

Pantera Capital

PayU GPO

Goldfinch Partners

Ethos VC

M12 - Microsoft's Venture Fund

Bakkt

Swan Bitcoin and Bakkt Team Up to Provide Bitcoin Trading Across 49 U.S. States https://lnkd.in/eKwF3he7

Last chance to register for the webinar, "Crypto Meets Institutions: What Should Bitcoin ETF Providers Consider?" You'll hear from David Schwed of Halborn, Christine Sandler, finance and digital assets expert, and Andrew Sabola, Senior Director of Business Development at Bakkt, as they share insights on risk mitigation for ETF providers. Register now! https://lnkd.in/eAx7vz_U

Bakkt Shelf Registration Statement Declared Effective by the SEC: https://lnkd.in/eVAVMdzi

Crypto’s development into the institutional space brought long-awaited excitement and optimism to the market—but it also brings questions. On February 15 at 1pm ET, Bakkt will host David Schwed, COO of Halborn, Christine Sandler, finance and digital assets expert, and Andrew Sabola, Senior Director of Business Development at Bakkt, to discuss the crypto market’s infrastructure and risk mitigation tactics for ETF providers. Don’t miss this live webinar—register for your seat! https://lnkd.in/eAx7vz_U

Bakkt Issues Statement Regarding Recently Filed Amendments to Third Quarter Form 10-Q: https://lnkd.in/g8wyq4At

Across the globe, governments are demonstrating a growing interest in legislating the crypto space — implementing new guidelines and laying out comprehensive frameworks regulating cryptocurrency. 

Bakkt’s report, “The Global State of Crypto: A global analysis of markets and regulation”, delves into key areas of innovation and regulation as they exist in diverse international markets. Download the full report: https://lnkd.in/erZP2mmQ

We had a great time co-hosting with our Unchained friends last night — so many people showed up to hear more about Bakkt joining Unchained’s network of collaborative custody partners!

If you’re interested in securing bitcoin with Unchained through collaborative custody, reach out to us here: https://lnkd.in/ewvcHeeW
#bitcoin

Our CEO Gavin Michael explained to MarketWatch how the introduction of BTC ETFs in the U.S. has led to increased demand for digital assets custody, with various entities such as crypto miners, non-custodial exchanges, and financial institutions seeking custody services for different use cases.

Read more by Frances Yue: https://lnkd.in/eZUP32NA

Our Head of Institutional Solutions, Ray K. joined the Water Tower Hour podcast by Water Tower Research LLC to discuss Bakkt's custody capabilities and the recent SEC decision on Bitcoin ETFs. Check out the full episode: 
Apple: https://lnkd.in/gx2_86du
Spotify: https://lnkd.in/gFmEZvZE
Google: https://lnkd.in/g7e-VeZV
#crypto #technology #cryptocurrency #bitcoin

Last week we shared the exciting news that we’ve activated our crypto capabilities in several new international markets across Asia, Europe and LatAm. Check out this article from PYMNTS to learn more: https://lnkd.in/gS5ZHdKg

Metric
Company Name	Bakkt Holdings, Inc.	Macellan SuperApp
Symbol	BKKT
MSH ID	COM:BAKKT	APP:MACELLAN
Market	STOCKS	PRIVATE
Sector	Technology	Financial Services & Finance
Industry	Software - Infrastructure	Fintech
Country	US	TR
Stage		Seed
Employee Count	747
Website	bakkt.com	macellan.app
LinkedIn	bakkt
Founders

Metric
Market Cap	106.75M
Enterprise Value
Monthly Web Traffic	80.00K	112.39K
Web Traffic Growth	1.99	2.46
Valuation
Raised Capital	50M	3.70M

Metric
Revenue	780.14M
Revenue (LTM)
Revenue (NTM)
Gross Profit	645.28M
EBITDA	-211.44M
Operating Income	-227.89M
Net Income	-224.92M
EPS	-0.84
Diluted EPS	-0.84
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.52
Operating Profit Margin	0.17
EBITDA Margin	-0.27
Net Profit Margin	-0.04
Return on Equity	-1.07
Return on Assets	-0.04
Return on Capital Employed	0.40

COM:BAKKT

Bakkt Holdings, Inc.

Last Close

31.10

22/11 21:00

Market Cap

106.75M

Beta: -

Volume Today

11.56K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-0.29
P/B Ratio	1.70
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.29
EV Multiple	1.00

Metric
Days Sales Outstanding	13.63
Days Payables Outstanding	2.01
Days Inventory Outstanding	40.03
Operating Cycle	53.67
Cash Conversion Cycle	51.66
Asset Turnover	1.44

Metric
Operating Cash Flow	-60.70M
Free Cash Flow	-60.70M
Cash Flow to Debt	1.67
Operating Cash Flow/Sales	0.02
Free Cash Flow Yield	-0.26

Metric
Cash & Equivalents	52.88M
Accounts Receivable	-10.04M
Inventory
Goodwill	68.00M
Debt to Capitalization	0.45
Debt to Assets	0.03
Current Ratio	1.17
Quick Ratio	1.07

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.03
R&D to Revenue
SG&A to Revenue	0.27