In the dynamic world of cryptocurrencies, trust and security are primordial. Bakkt, a New York-based asset custody digital company and regulated by NYDFS, leads a revolution in institutional custody, especially in the post-FTX context. With a rigorous regulatory approach and a vision for global expansion, Bakkt highlights its resilience in the bear market and its ambition to go beyond Bitcoin and Ethereum, integrating new technologies and forging strategic alliances with an eye in Latin America.
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The fall of FTX left an indelible mark in the cryptocurrency industry, highlighting the importance of safe and reliable guard. Bakkt, regulated by the NYDFS, emerged as a paper model, adopting a "regulation-first" approach that proved vital in these uncertain times.While other costs such as Prime Trust and Genesis succumbed to market pressures, Bakkt reinforced his value proposition, reinventing his custody service with advanced technological updates and diversifying his asset portfolio. Collaboration with Fireblocks, a industry-leading custody network, reflects your commitment to security and innovation.
Bakkt's strategic conservatism resonated beyond US borders, attracting international customers and recognizing the need for infrastructure in emerging markets. With a special interest in Latin America, Bakkt is taking steps to comply with local regulations and contribute to the growth of the cryptocurrencies ecosystem in the region.
In addition, Bakkt is exploring opportunities with the Rayos Network to extend its presence in the world of cryptocurrency and consolidate its leadership in custody of digital assets.
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