Top Coinbase Exec Joins Bakkt | News ICORating
  1. Home
  2. News
  3. Market

Top Coinbase Exec Joins Bakkt

Top Coinbase Exec Joins Bakkt

The head of Coinbase’s institutional arm, Adam White, is joining Bakkt as its COO. Bakkt is a joint venture between the owners of the NYSE and several firms such as Microsoft, BCG and Starbucks.

White joined Coinbase in 2013 and was responsible for services catering for institutional investors. He initiated Coinbase’s expansion to serve as Wall Street’s prime broker and serve its trading needs. Coinbase CEO Brian Armstrong stated: «Over the past five years, Adam helped us build our exchange business into the largest U.S.-based crypto-trading venue, and was integral to growing Coinbase’s global presence and scaling our culture to multiple offices».

Bakkt is expected to launch in November. Its goal is to facilitate mainstream adoption of cryptocurrencies as financial assets; it is also creating a market for listing physically-settled Bitcoin futures contracts.

Latest news

Huobi ‘Concerned’ ThunderCore IEO Has Damaged Their Reputation

A Huobi executive has declared that...
15 May 2019

Bitfinex Confirms Plans to Raise up to $1 Billion in IEO

Zhao Dong, a shareholder of cryptoc...
08 May 2019

eToro New Services for the US Customers

Global trading platform eToro now a...
13 Mar 2019

Bittrex Announces Its First Initial Exchange Offering (IEO)

The trend is on. Bittrex, one of th...
13 Mar 2019

ICORating Weekly Report: 10th Week of 2019

This report includes data on severa...
13 Mar 2019