Cryptocurrency Short News

Bakkt Announces Warehouse Bitcoin Deposits Starting Next Week

The warehouse is specifically designed for physically-settled Bitcoin Futures contracts.

Coinpedia had reported about Bakkt’s Futures Launch. Intercontinental Exchange‘s (ICE’s) Bakkt platform has tweeted about Bakkt’s Warehouse starting this Sept 6. Bakkt’s Warehouse will offer secure storage of customer bitcoin to prepare Bakkt Bitcoin Daily & Monthly Futures launch on Sept 23. Moreover, the platform will enable the physical delivery of Bitcoin with end-to-end regulated markets and custody. Clients will be able to deposit their funds in the Bakkt Warehouse from Sept. 6.

Bakke CEO Kelly Loeffler explained about Warehouse. “The Bakkt Warehouse, which is part of Bakkt Trust Company, uses cyber and physical security protections.”

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Sara K

Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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