Search results for Bakkt
Crypto
Nasdaq to work with Kraken on issuer-focused stock tokenisation
Nasdaq is working with crypto exchange Kraken and its infrastructure affiliate Bakkt to expand stock tokenisation, Cointelegraph reported on Monday. Nasdaq plans to connect traditional finance with blockchain-based networks while keeping stock issuers’ rights. The companies are developing a stock conversion gateway with Kraken parent Payward and Bakkt’s xStocks platform. Nasdaq CEO Tal Cohen said tokenisation could improve investor access and issuer shareholder engagement.
Crypto
Tether-backed crypto payment app Orbit adds global bank transfer function
Orbit, a Tether-backed cryptocurrency payments app, now supports global bank transfers, The Block reported on Feb. 24 local time. The feature uses infrastructure from Distributed Technologies Research to connect crypto with the traditional financial system. Orbit said users can check exchange rates in real time and complete payments instantly without fees or additional conversions. Transfers use SEPA, ACH and SPEI networks and support fiat currencies including USD, EUR, MXN and PHP, as well as BTC, ETH and USDT. Bakkt plans to acquire DTR, and Orbit plans to work with Bakkt to expand into all 50 U.S. states.
Crypto
Crypto services platform Nexo returns to U.S. market
Nexo is relaunching its digital asset services and cryptocurrency exchange platform in the United States, Cointelegraph reported on Feb. 16 local time. The company said it decided to return after judging that the regulatory environment had improved, following its exit three years ago amid clashes with U.S. financial authorities. Nexo plans to offer a spot cryptocurrency exchange, crypto-backed loans and a loyalty programme. Bakkt will support its trading infrastructure.
