Bakkt Continues To Acquisition More Power As Its Launch Approaches


One of the most highly anticipated cryptocurrency exchanges backed by the New York Stock Exchange and Intercontinental Exchange, Bakkt has recently announced that it successfully acquired the Rosenthal Collins Group (RCG) in order to increase their staff as their launching time approaches.

Making this grand announcement through a Twitter post, the cryptocurrency platform acknowledges the immense experience that the RCG has introduced. Based in Chicago with several institutional grad services such as trade executions, risk management, market commentary and so on, Rosenthal Collins Group has become the future of brokerage business.

“With today’s closing of our transaction with Rosenthal Collins Group, we welcome great new team members to Bakkt RCG’s remarkable heritage, culture and expertise will help us build out a trusted institutional infrastructure for digital assets.”

The RCG group announced during December 2018 that they would be selling their customer accounts to Marex Spectron, but then the cryptocurrency platform walked in to increase its foothold in the market and decide to acquire RCG.

CEO of Bakkt, Kelly Loeffler, spoke to their investors and the larger community stating that they were waiting anxiously for the launch when regarding the acquisition of RCB previously in mid-January when the decision was taken.

Including this recent news for the acquisition, Bakkt has also announced two top executives joining their team. The new Director of Compliance, Erik Hass, shall move from the Intercontinental Exchange and join Bakkt with an over nine years of experience in dealing with regulators. The platform shall also be welcoming Rachel Ford from Techstars as their Strategic Operations Manager.

Furthermore, Bakkt has over 10 positions currently opened for the fields of Engineering, Finance, and sales. These positions are currently available for these locations, Atlanta, New York, San Francisco, London, Tel Aviv, Singapore, Hong Kong, Singapore, and Tokyo.


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Keith Wang

Keith Wang is a writer and programmer specializing in bitcoin and blockchain technology. Keith has been a long time believer of bitcoin and blockchain technology and spends his free time following up with blockchain news. You can contact Keith at keith@cryptomenow.com

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