Millennials Will Benefit from Bakkt’s Cryptocurrency Platform in Many Ways


The Intercontinental Exchange (ICE) established Bakkt, a digital marketplace worth over $300 billion. The exchange is unregulated by the government and it is able to secure block assets using the blockchain system. According to ICE’s founder and CEO, Jeff Sprecher:

In bringing regulated, connected infrastructure together with institutional and consumer applications for digital assets, we aim to build confidence in the asset class on a global scale, consistent with our track record of bringing transparency and trust to previously unregulated markets.

ICE is recognized for its positive effect. The company facilitated a trustworthy, federally regulated Bitcoin market. A few of the major companies that have joined Bakkt include Starbucks and Microsoft. Further, Consulting Group is has also joined and is looking to promote cryptocurrency in a manner that brings it to the mainstream. Though everyone can benefit from Bakkt, millennials are a prime market.

Millennials can benefit from Bakkt by using its 401K initiative option, which is relatively new. Bitcoin provides this group by providing them with a diverse investment opportunity that allows them to focus on sustainability, rather than a low-risk return. Other than providing millennials with a 401K initiative option, the Bakkt’s future is expected to bring credit cards, retirement plans, and retail changes as well. For example, rather than swiping a credit card, millennials can just scan their Bitcoin app.

‘According to c, this type of system may eliminate transaction fees. As the platform stated on Twitter:

“There are numerous reports that venture investing, initial coin offerings, and corporate R&D related to blockchain and digital assets are all on track to surpass 2017 levels.”

Bakkt’s CEO Kelly Loeffler stated in a blog post that the company is looking to develop an effective, scalable ecosystem for federally regulated markets and warehousing. ICE is also planning on hosting a “one-day” physically delivered Bitcoin contract.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide