Insider: Bakkt is considering selling or splitting strategies

Odaily News Bakkt Holdings Inc., a digital asset marketplace launched by the New York Stock Exchange's parent company, is exploring a possible sale amid a surge in cryptocurrency-related acquisitions, according to people familiar with the matter. Bakkt has been working with a financial adviser to weigh a range of strategic options, including a spinoff. No final decision has been made yet, and Bakkt may choose to remain independent. A representative for Bakkt declined to comment. Earlier this year, Bakkt revealed that the company may not be able to continue operating and is at risk of being delisted from the New York Stock Exchange. In 2021, Bakkt went public through a merger with a blank check company. (Bloomberg)