Report
John Roy, Ph.D

CEO and CFO Talk Apex Crypto Acquisition, 1Q23 Earnings, and the Outlook for 2023

On May 17, we held a fireside chat with Bakkt CEO Gavin Michael and CFO Karen Alexander. This report contains a transcript of the conversation, which can be accessed on demand. Michael highlighted how impactful the Apex Crypto acquisition will be and how this is a pivotal time for Bakkt. He sees the combination of Bakkt's secure custody solutions with Apex Crypto's advanced trading capabilities making Bakkt the crypto infrastructure provider of choice. Through Apex, the company serves significant clients, including Webull, Stash, Public.com, and M1 Finance, and brings immediate scale with almost 6 million crypto-enabled accounts. The acquisition also fast tracks Bakkt's ability to bring new crypto capabilities to the market...
Underlying
BAKKT HLDGS INC

Provider
Water Tower Research
Water Tower Research

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Analysts
John Roy, Ph.D

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