Bakkt is a much anticipated platform for managing digital assets that is going to be launched by the Intercontinental Exchange soon. Now, Bakkt has finalized its first acquisition. The news became public on the 8th of February this year.
The platform finished the process connected with the acquisition of assets by Rosenthal Collins Group (RCG). By acquiring the RCG assets Bakkt hopes that the remarkable experience of the Group will help the platform in building a trusted infrastructure for digital assets.
The assets acquisition was announced in January. The RCG CEO, Kelly Loeffer, explained, that they had to slow down all operations while awaiting for the approval from the side of the US Commodity Futures Trading Commission for the launch or trading in cryptomarkets.
This acquisition is going to expand the Bakkt risk management and operations and will definitely contribute to Anti-Money Laundering and Know Your Customer Policies.