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

Bakkt announces the acquisition of DTR, a global stablecoin payment infrastructure provider. The transaction is subject to customary conditions and regulatory and shareholder approval. Meanwhile, Bakkt plans to change its name to "Bakkt, Inc." starting January 22, 2026, with the stock trading symbol remaining unchanged.