Bakkt Holdings, Inc. has announced the acquisition of Distributed Technologies Research Ltd. (DTR), a global stablecoin payment infrastructure provider.
The acquisition aims to advance Bakkt's global stablecoin settlement and programmable payments strategy.
Effective January 22, 2026, DTR will operate as "Bakkt, Inc."
An Investor Day is scheduled for March 17, 2026, at the New York Stock Exchange.
Acquisition Boosts Strategic Value
The acquisition of DTR by Bakkt will enhance the strategic value of Bakkt's technology and assets, accelerating stablecoin settlement and supporting future revenue generation in payments and banking.
Corporate Name Change
Bakkt intends to change its corporate name to "Bakkt, Inc." effective January 22, 2026, and will continue trading on the NYSE under the ticker symbol "BKKT."
Investor and Regulatory Approval
The transaction is subject to customary closing conditions, including regulatory approvals and shareholder approval. Intercontinental Exchange, Inc. has agreed to vote in favor of the transaction.
Strategic Integration
The integration of DTR's technology with Bakkt's platform will broaden the scope of digital asset delivery and settlement, paving the way for neobanking strategies and global financial infrastructure development.
Future Growth Prospects
The acquisition represents the consolidation of Bakkt's transformation into a unified global financial infrastructure platform, poised to unlock new capabilities and efficiencies for merchants, financial institutions, and end users worldwide.
- The acquisition of DTR by Bakkt is expected to shorten Bakkt's time-to-market for stablecoin settlement and reduce dependency on third parties.
- The strategic fit between DTR's technology and Bakkt's vision for digital payments and banking is set to enhance Bakkt's platform capabilities and drive growth in digital asset solutions.
The acquisition of Distributed Technologies Research Ltd. marks a significant step in Bakkt Holdings, Inc.'s strategic evolution towards programmable money and global financial infrastructure. With strong governance and strategic alignment, Bakkt is poised for accelerated growth in the digital asset economy and financial services sector.