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Bakkt Completes Acquisition of Stablecoin Infrastructure Company DTR, Issues 11.3M Shares

Partnerships & Ecosystem

2026-05-01 06:46:26

According to Cointelegraph, Bakkt has completed its acquisition of stablecoin infrastructure company Distributed Technologies Research (DTR) through a stock transaction. Bakkt issued over 11.3 million shares to DTR beneficiary holders, with an additional 725,592 shares possible. The deal was originally announced in January, when it involved 9.3 million shares.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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