Seeking Alpha
2022-04-07 21:59:01

More Banks Are Using Bakkt's Cryptocurrency App

Bakkt intends to connect the digital economy through a platform offering crypto assets, loyalty and rewards, and payments.In my view, if other banks also decide to use Bakkt’s platform, both the company’s reputation in the finance industry and sales growth will trend north.If Bakkt signs a sufficient number of new partnerships in the next decade, the number of clients will likely increase. As a result, Bakkt may enjoy economies of scale.

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