Bakkt will enter the stage on December 12

In August this year, Intercontinental Exchange (ICE) announced the development of a crypto platform called Bakkt. To date, the official start date is named and it is December 12, 2018. This is going to be one of the most important event of this bearish year.

Initially, one-day Bitcoin futures in physical terms will be added to the platform. It is worth noting that calculations for bitcoin futures on CME and СВОЕ are carried out in fiat.

Bakkt is considered as a flagship financial instrument by many well-known investors, including the Fortress Investment Group, Galaxy Digital, Horizons Ventures and Pantera Capital.

The largest investment banking structures are already conducting diplomatic negotiations with the platform and are closely watching the launch of the platform. As part of service plans, the site will provide services for the acquisition and sale of digital currencies, as well as they can be stored on the platform. As it was said in the announcement, bitcoin will be stored at ICE.

And, of course, it is worth noting that the launch of this site will be one of the “pushing” factors in the approval of the SEC Bitcoin-ETF in the near future.