Crypto
Bakkt to acquire stablecoin infrastructure firm DTR
Bakkt is acquiring stablecoin infrastructure provider Distributed Technologies Research (DTR), The Block reported on Jan. 12. Bakkt said DTR’s technology and assets would accelerate stablecoin settlement, cut dependence on external vendors and support future revenue generation in payment and banking use cases. The deal was led by DTR founder and Bakkt’s sole CEO Akshay Naheta, who was appointed Bakkt co-CEO in March 2025.
