The operator of the new York stock exchange (NYSE), Intercontinental Exchange (ICE) announced the launch of a new project Bakkt in which cloud solutions Microsoft will be used to create adjustable global ecosystem of digital assets.
It is reported that currently a new company in partnership with the Boston Consulting Group, Microsoft, Starbucks and other major players working on the development of integrated platforms, enabling private and institutional clients to buy, sell and use digital assets. Investors Bakkt in addition to ICE and venture units Microsoft M12 also expect to see Fortress Investment Group, Eagle Seven, Galaxy Digital, Horizons Ventures, Pantera Capital, Protocol Ventures, Susquehanna International Group, LLP and Manager of a hedge Fund , Alan Howard (Alan Howard).
In addition, it is expected that the ecosystem will include Bakkt regulated at the Federal level, and markets solutions for the storage of digital assets, applications for merchants and consumers. At the first stage, the manufacturing and conversion of Fiat currencies to be held in pairs with bitcoin as the most liquid cryptocurrency. After receiving the encouragement of the Commission on trade commodity futures U.S. (CFTC) in November we plan to launch a one-day futures bitcoin physical delivery of the asset.
We will remind that the head of ICE Jeff Sprecher (Jeff Sprecher) back in April of this year, said that does not rule out the future launch of futures contracts on cryptocurrency at one of the trading platforms.