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Bakkt To Secure Tokens For Nexo

Benzinga

2,776 Views • Jan 19, 2022

Description

Bakkt Holdings ($BKKT@US) has been selected by Nexo to secure Bitcoin and Ethereum in the Bakkt Warehouse, making the apex tokens both safe and secure. In a statement from Dan O’Prey of Bakkt, the firm noted that it offers the best custodial services, saying, “the cryptocurrency market continues to expand at a robust pace, leading reputable crypto companies to diversify custody of assets. We are pleased that Nexo has chosen the Bakkt Warehouse as a trusted solution.” Business development executive, George Manolov, of Nexo, said, “As a global digital assets institution, Nexo acknowledges the need for a trusted partner to bring an extra level of security and credibility to our clients’ cryptocurrencies. The Bakkt Warehouse was established in 2019, offering both warm and cold storage, and is regulated by the New York Department of Financial Services. At press time, Bakkt Holdings stock was trading at $5.63, increasing over 7% in premarket activity.

Keywords & Tags

#bitcoin #nft #non-fungible token #inflation #business #altcoins #economic recovery #crypto mining #economic growth #virtual currency #storage #partners #economic outlook #Bakkt #apex tokens #Bakkt Holdings #Secure Tokens #Nexo #Bakkt Warehouse #Dan O’Prey #crypto companies #Business development executive #George Manolov #global digital assets #warm and cold storage #New York Department of Financial Services

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