According to a blog post shared on Medium by the CEO of Bakkt, Kelly Loeffler, custody and trading planned for the new concept has been pencilled in for July.
The institutional exchange platform has announced intentions of the project nearly a year ago, but now it seems they are almost ready for the project.
According to the blog, this was confirmed after analysing it’s “trading, transparency, and market certainty, and are also compliant with Federal regulations” services are aligned with the needs of their users. Stating that “Customers active in crypto markets — and many still waiting to get in — have had a voice in shaping the design of the initial product offering.”
The proposed testing will be customer-centric also, focusing on user acceptance testing for futures and custody. She went on to outline five ways that their project will be unique, developed by working with their stakeholder, in regards to trading, security and risk management features. You can read these 5 features in full here.
She finished off the blog post by explaining their intentions are to continue expanding Bakkt, with the ultimate goal to bring digital assets to the mainstream.
We look forward to hearing the result of these tests.
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