ICE Chairman: Digital Assets Platform Bakkt will Launch Later This Year

[ChainDD report] February 11 (ChainDD) During the earnings call about the fourth quarter and the whole year of 2018, Jeff Sprecher, chairman and CEO of New York Stock Exchange (NYSE)’s parent Intercontinental Exchange (ICE), said its digital assets trading platform Bakkt will launch later in 2019. Sprecher revealed that ICE spent more than $1 billion in strategic initiatives, including digital asset platform.

ICE’s chief financial officer Scott Hill also said ICE’s strong cash generation will continue to support key strategic initiatives, including the launch of Bakkt.

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