Bakkt shares skyrocket after partnering with Mastercard and Fiserv

[Tnoy30]

Bakkt’s share price surged by 120% during Monday’s trading session on the heels of fresh partnerships with global payments firms. The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms.

On Monday 25 Oct., Mastercard announced it would be working with digital asset platform Bakkt to allow its customers based in the United States to buy, sell and hold digital assets through custodial wallets. On the same day, global payment provider Fiserv also announced a strategic collaboration with Bakkt to offer merchant-facing digital asset services.
Source: Bakkt shares skyrocket after partnering with Mastercard and Fiserv