Bakkt Holdings, Inc. said it has agreed to acquire Distributed Technologies Research Ltd. (DTR), marking progress in its strategy to build stablecoin settlement and programmable payments capabilities. The transaction will be executed through an all-equity consideration, with Bakkt issuing shares of its Class A common stock representing 31.5% of the “Bakkt Share Number” defined under a previously disclosed cooperation agreement between the two companies. Based on the current share number, this equates to ...

JPMorganChase is reportedly weighing cryptocurrency trading for its institutional clients.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The country’s largest bank is determining what products and services its mar ...