Bakkt pivots into stablecoin infrastructure as revenue tumbles 77% in Q1
Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes.
Why this matters
This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
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