Bakkt Holdings Inc., the cryptocurrencies firm that spun off from Intercontinental Exchange earlier this year, tripled after it announced agreements with Mastercard Inc. and fintech firm Fiserv Inc.
Gains in the stock accelerated after Bakkt said it has partnered with Fiserv, which offers financial services that allow businesses to move funds into and out of mobile wallets, among other things. The new partnership will now also allow Fiserv -- via a program called Carat -- to offer B2B and B2C payouts and different loyalty programs and transactions using crypto assets, according to a press release.
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October 26, 2021 at 01:59AM
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Bakkt Shares Triple on Mastercard, Crypto Service Agreements - Bloomberg
"triple" - Google News
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