Bakkt allows its users to buy and sell Ethereum (ETH)

Bakkt allows its users to buy and sell Ethereum (ETH)

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Answer Bakkt allows its users to buy and sell Ethereum (ETH)

Soon after Bakkt went public, the company announced that its customers would be able to interact with the second largest cryptocurrency as well.

Bakkt Holdings, owned and operated by Intercontinental Exchange, is among the largest regulated cryptocurrency exchanges offering bitcoin services to their clients.

Bakkt Holdings portfolio will support more digital assets soon, as announced The company earlier today, November 5.

Bakkt will enable its customers to buy, sell, send, reserve and spend Ethereum.

Bakkt CEO Gavin Michael commented on Ethereum support saying:

Customers will be able to send Ethereum to family and friends directly through the “Bakkt” app.

At Bakkt, providing flexible opportunities for users to enjoy their cryptocurrency is one of the most important considerations, and adding Ethereum brings a popular and growing cryptocurrency to our list.

Read:The number of addresses holding at least 0.1 BTC reaches an all-time high

Bakkt users have already enjoyed the app’s capabilities to cash in on Bitcoin, and we are confident that our addition of Ethereum will complement our growing ecosystem of partners and assets.

This addition comes just several weeks after the company went public on the New York Stock Exchange.

Bakkt continues the impressive news and partnerships soon after by collaborating with Mastercard and Fiserv to boost cryptocurrency adoption, driving its stock price to new heights.

Read:BlackRock executive: Bitcoin is here to stay and will replace gold

Read also:

The number of daily active bitcoin addresses exceeds the level of 1 million active addresses

The digital currency “Solana” hits a new all-time high and advances to fourth place

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