The Chairman of the New York Stock Exchange, Jeff Sprecher, has described Bakkt – a platform for Bitcoin trading – as a “moonshot bet” for NYSE’s parent company, International Exchange.
Even though there have been a few setbacks regarding the inauguration of the trading platform, Jeff Sprecher is still very hopeful that the company, Bakkt, will grow to reach heights that it is currently being developed to reach. Sprecher has said that “It’s a bit of a moonshot bet and it’s been organized in a manner that is very different than the way ICE (International Exchange) typically does businesses.”
Sprecher, going on to reveal that the trading service will operate differently, said that “Bakkt has its own offices, its own management team, etc. They’re well along in building out an infrastructure that I think you’ll see launch later this year.”
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