in Cryptocurrency

ICE Announces Software Platform Acquisition for Upcoming Bakkt App

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The Intercontinental Exchange, or ICE (NYSE:), owner of the New York Stock Exchange, announced plans to acquire software service Bridge2 in preparation for an app launch from ICE’s subsidiary, Bakkt.

Bakkt’s app will host a bevy of assets, such as loyalty rewards from various businesses, as well as crypto assets, although the app will not be blockchain-based, a representative from Bakkt told Cointelegraph in a Feb. 5 email. The representative clarified that assets such as loyalty points and coupons will not be transferable off the platform.

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Source: Cryptocurrency - investing.com

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