Hyped company Bakkt has begun testing its bitcoin platform on users

Hyped company Bakkt has begun testing its bitcoin platform on users

Image source: Shutterstock / Twitter

Teodor Stig-Matz

teodor.matz@trijo.co

Behind Bakkt is a remarkable owner.

Bakkt has long been one of the most popular projects in the crypto world. The idea is for the company to offer a platform for trading in cryptocurrency futures.

That in itself may not be particularly startling, trading in bitcoin futures is already offered in a number of places.

Instead, it is the fact that the company is owned by the Intercontinental Exchange, the Atlanta-based company that also owns the New York Stock Exchange, which has caused many to raise their eyebrows.

Will increase institutional interest

Now the company has started testing its platform for trading in bitcoin futures on users, the company reveals on Twitter.

The company believes that its platform will lead to an increased institutional interest in bitcoin, Cointelegraph reports.

Many in the crypto world are therefore eagerly waiting for the platform to be launched because this may lead to a higher bitcoin price.

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