Bakkt jumps after quarterly revenue soars, leadership change
ReutersMar 20, 2025 7:28 PM
Shares of crypto trading firm Bakkt BKKT.N jump as much as 41.8%; last up 14.9% at $10.70
BKKT late Tuesday reported Q4 revenue of ~$1.8 billion, a 737.9% jump from a year earlier, thanks to robust demand for its crypto offerings
Company tapped Akshay Naheta to serve as its co-CEO, alongside current CEO, Andy Main
BKKT is also tying up with Naheta's Distributed Technologies Research to expand its market share in stablecoin payments network
Stock down 56.5% YTD
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