Bakkt Raises $183 Million in Seed Funding for Trading Platform16

Bakkt, the cryptocurrency trading and liquidity platform owned by the New York Stock Exchange’s parent company Intercontinental Exchange (ICE), has raised $182 million in funding. The platform’s CEO Kelly Loeffler made the announcement via a post on Medium on New Year’s Eve.

This is the platform’s first seed funding round and according to the announcement, some of the high-profile companies that participated in the funding round include Eagle Seven, Alan Howard, Goldfinch Partners, Protocol Ventures, M12 (the venture capital arm of Microsoft), Horizons Ventures, Galaxy Digital, the Boston Consulting Group, PayU, CMT Digital, Intercontinental Exchange and Pantera Capital.

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