News > Crypto exchange Bakkt has tumbled 90% since October debut 

Crypto exchange Bakkt has tumbled 90% since October debut 

Economic Times | 29/01/2022 11:50 PM | Click to read full article

Shares of digital-asset marketplace Bakkt Holdings Inc. have dropped to all-time lows, wiping out about $10 billion in market value since reaching a record high following the firm’s much-touted public market debut in October.

The platform, majority-owned by New York Stock Exchange parent Intercontinental Exchange Inc., began trading in October after the close of a $2.1 billion SPAC deal.

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