Bakkt's shares surged 18% after the company announced its strategic move into the stablecoin space through a key acquisition. The market's enthusiasm signals growing recognition of stablecoins' critical role in the crypto ecosystem—bridging traditional finance and digital assets. This expansion positions Bakkt to capture more of the booming stablecoin market, where demand continues to accelerate across trading, settlement, and DeFi applications. Investors clearly see the upside potential as institutional interest in crypto infrastructure plays intensifies.