Bakkt continues to expand its international business and expand its custody customer base, and plans to join the EDX Markets custody network

Bakkt plans to expand its cryptocurrency business to new markets in Latin America, Europe and Asia by the end of the year. Among them, Bakkt and the stock trading platform Hapi recently expanded to Mexico and Argentina and are expected to be launched in Brazil by the end of 2023. They will also be launched in Brazil by the end of 2023. Launched in Spain. In addition, Bakkt will provide cryptocurrency trading and custody services for crypto app 3.0verse in the UK and EU (scheduled to launch by the end of the year); Bakkt will work with 3.0verse throughout Asia, including Hong Kong and Singapore. At the same time, Bakkt and EDX Markets (a digital asset market backed by Citadel Securities, Fidelity Investments, and Charles Schwab, among others) have tentatively agreed that Bakkt will join EDX’s clearing house and custody network, initially as a backup qualified custodian. (Business Wire) According to previous news in August, Bakkt stated in a conference call with Water Tower Research that it has received strong attention from new custody and cryptocurrency trading customers and will expand to the international market, launching in Latin America in the fourth quarter, and will subsequently launch in the UK, EU , Hong Kong and Australia.