Bakkt Holdings has completed a $75 million financing round and will transform into a pure cryptocurrency infrastructure company.

After completing a $75 million financing round, Bakkt Holdings (BKKT) is transforming into a pure cryptocurrency infrastructure company. The company plans to enhance the platform's functionality through new technology upgrades and expand the stablecoin payment infrastructure. Bakkt's strategic adjustments include divesting its loyalty business and appointing a new CEO to lead the transformation. (Sina Finance)