Bakkt CEO ruled out adding XRP to new products – Latest News, Breaking News, Top News Headlines


Ripple’s XRP token is not a candidate for future listings on Bakkt. About this in the podcast Axios Re states that the new CEO of the company is Gavin Michael.

According to him, the platform plans to expand and will soon go public.

Major exchanges Coinbase and OKCoin suspended XRP trading after the US SEC filed a lawsuit against Ripple last December. Additionally, the Galaxy Digital, Bitstamp, and B2C2 platforms are shutting down past token trading for US residents.

Bakkt is overseen by the SEC and the Financial Crimes Enforcement Network (FinCEN). Michael said the company is focused on regulatory compliance.

Recall that on January 11, the company confirmed its IPO under the brand Bakkt Holdings with an estimate of $ 2.1 billion.

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