Bakkt Files with SEC to Raise $1B Crypto Strategy Fund
The post Bakkt Files with SEC to Raise $1B Crypto Strategy Fund appeared on BitcoinEthereumNews.com.
Bakkt files to raise $1B via SEC shelf registration.
Funds to support Bitcoin and digital asset investments.
Strategy includes expanding crypto infrastructure, acquisitions.
Using Form S-3, Bakkt Holdings has submitted a shelf registration to the United States Securities and Exchange Commission in order to offer up to one billion dollars worth of securities. It will use the funds to invest in Bitcoin and digital assets as part of its strategic move to utilize digital assets, including investments into its cryptocurrency infrastructure. The filed application, dated June 26, 2025, plans to circulate securities: common stock, preferred stock, and securities. Bakkt’s Crypto-Focused Financial Strategy Bakkt will be able to strengthen its operating capabilities and have its treasury diversified as a result of the capital increase. In order to deploy investments in Bitcoin and other cryptocurrencies, the corporation amended its general policy for investments.This move places Bakkt in a good position to benefit off the increasing institutional appeal into digital assets. The funds can be used in acquisition, partnerships or technological upgrades to its crypto platform. Source – S-3 In the filing, Bakkt stressed the issue of flexibility, saying that funds will be used to finance its corporate general purposes. These involve possible investments in digital assets in order to consolidate its position on the market.According to the shelf registration, Bakkt is allowed to progressively list the securities, making modifications as necessary based on the current state of the market. The interest of the company in Bitcoin corresponds to its history as being a regulated platform of crypto. The Bakkt automated service was launched in 2018 by the Intercontinental Exchange. Its first offerings were Bitcoin futures and custody. Its turn towards investing directly in cryptocurrencies is part of a wider strategy to bridge the gap between crypto and ordinary…
Filed under: News - @ June 29, 2025 6:19 am