Bakkt Planning To Support Additional Crypto Assets, CEO Says XRP Is Off the Table

Bakkt Planning To Support Additional Crypto Assets, CEO Says XRP Is Off the Table


The CEO of the Bitcoin futures and payments firm Bakkt says the company has plans to support multiple crypto assets aside from BTC.

In an interview on the Axios Re:Cap podcast, Gavin Michael details the coming launch of Bakkt App, which is designed to give people a simple way to pay for everyday items using digital assets.

“What we are trying to do is to provide infrastructure to power the wallet of the future. We are looking to show the consumers we recognize hold value far more than they realize in these digital assets. And what we want to be able to do is just give them the ability to accelerate the shift to the use of digital assets in payments. They can be a form of cryptocurrency or it can be any other form.

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And you can turn your hotel points into airline miles. You can use Bitcoin to pay for rewards points. We are really

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