Microsoft, PayU and Boston Consulting Group are among the investors in digital currency platform developer Bakkt, which will list in a reverse merger set to value it at $2.1bn.
Bakkt Holdings, the US-based digital asset marketplace spun off by financial exchange operator Intercontinental Exchange, agreed to merge with special purpose acquisition company VPC Impact Acquisition Holdings yesterday.
The deal is set to create a company valued at $2.1bn once it goes through, and it will take the place on the New York Stock Exchange secured by VPC – which is sponsored by investment adviser Victory Park Capital – when it floated in a $200m initial public offering in…
