Bakkt to Acquire Distributed Technologies Research in Stock-Based Transaction

In recent developments, bakkt Holdings Inc. has agreed to acquire Distributed Technologies Research Ltd. (DTR) in a stock-based transaction aimed at expanding its stablecoin settlement and programmable payments capabilities. Bakkt’s…

Bakkt stock surges 20% after move on stablecoin payments strategy

In recent developments, with Bakkt’s share price surging following the announcement, the stock deal could be worth about $178 million. The development has drawn attention from traders and analysts who…