ICE's Bakkt Crypto Trading Platform Hires Two More Experts, Erik Haas and Rachel Ford

The cryptocurrency platform Bakkt continues to hire experts before the launch of their crypto platform. According to a recent report released by The Block, the company recruited two new directors.

One of them is Erik Haas, who joined from the Intercontinental Exchange (ICE) as director of compliance. The second one is Rachel Ford, who will be working as the strategic operations manager. Rachel Ford left her role at Techstars.

Bakkt is a company that was founded by the Intercontinental Exchange with the intention to offer services to financial institutions and other traditional investors. As the cryptocurrency market expanded during the last years, the infrastructure for institutions was not developed in the same way as for retail investors. Thus, Bakkt wants to address this issue and offer the necessary infrastructure for traditional investors to invest in virtual currencies and have exposure to the crypto market.

Back in January, Bakkt was also hiring engineers and other experts to build their platform. The launch of the platform was delayed due to different issues and because the U.S. Securities and Exchange Commission (CFTC), took longer to review their application.

The firm has also received a $182 million fundraising at the end of the last year. Now, the company wants to launch a new futures market for Bitcoin. However, the launching date remains unclear.

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Carl T
Carl T
Carl is a legend in cryptocurrency space for his long-storied experience, history and insights. He is a digital nomad who fell in love with bitcoin and its offspring for many years now and prides himself on delivering quality perspectives in the emerging world of crypto-assets and blockchain technology.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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