Bakkt shifts focus to custody services, adds support for DOGE, SHIB, other coins

In terms of possessions under custody, Bakkt reported $505.7 million, a reduction of 28% over last year.Bakkts Q3 2023 revenues report. Source: Seeking AlphaTo strengthen its crypto custody arm, Bakkt is likewise developing partnerships. Among Bakkts new customers on custodial services are Bitcoin platform Unchained and LeboBTC, a crypto consulting company for institutional financiers.

In terms of possessions under custody, Bakkt reported $505.7 million, a decline of 28% over last year.Bakkts Q3 2023 incomes report. Source: Seeking AlphaTo enhance its crypto custody arm, Bakkt is also establishing collaborations. Among Bakkts new customers on custodial services are Bitcoin platform Unchained and LeboBTC, a crypto consulting firm for institutional investors.