Bakkt Completes Acquisition of Stablecoin Infrastructure Company DTR, Issues 11.3M Shares

According to Cointelegraph, Bakkt has completed its acquisition of stablecoin infrastructure company Distributed Technologies Research (DTR) through a stock transaction. Bakkt issued over 11.3 million shares to DTR beneficiary holders, with an additional 725,592 shares possible. The deal was originally announced in January, when it involved 9.3 million shares.

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