11:01 AM EDT, 10/01/2025 (MT Newswires) -- Bakkt Holdings ( BKKT/WS ) said Wednesday it has finalized the sale of its Loyalty business to Project Labrador Holdco, a unit of Roman DBDR Technology Advisors.
Bakkt ( BKKT/WS ) said the transaction completes its move to focus exclusively on digital asset infrastructure, describing it as part of its strategy to support next-generation financial markets.
The company will now concentrate on Bitcoin, tokenization, digital asset trading, stablecoin payments and AI-driven finance, Chief Executive Officer Akshay Naheta said.
Bakkt ( BKKT/WS ) added that it will begin reporting the Loyalty business as discontinued operations starting in Q3.
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