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Mastercard and Bakkt recently announced a multifaceted partnership to offer a broad set of cryptocurrency solutions and services for merchants, banks, and fintech in the US. Bakkt extends Mastercard’s ecosystem of cryptocurrency partners enabling Crypto-as-a-Service, which provides quick access to cryptocurrency capabilities. Through the Mastercard network and Bakkt’s trusted digital asset platform, Mastercard partners will be able to offer cryptocurrency solutions, including the ability for consumers to buy, sell and hold digital assets through custodial wallets powered by the Bakkt platform and streamlined issuance of branded crypto debit and credit cards. This partnership builds on both Bakkt and Mastercard's commitment to the crypto ecosystem. Bakkt publicly listed on the NYSE under the ticker BKKT on October 18, 2021, while Mastercard proceeds to invest in the digital asset space through several initiatives, including the acquisition of CipherTrace, partnerships with leading crypto players, the creation of new platforms to test and support central bank digital currencies, and the like. Read more in our articles including "Mastercard, Bakkt partner to offer cryptocurrency services" and "BIR opens Tax Payer Portal".

More About Bakkt

Frequently Asked Questions

What is Bakkt?

Mastercard and Bakkt recently announced a multifaceted partnership to offer a broad set of cryptocurrency solutions and services for merchants, banks, and fintech in the US. Bakkt extends Mastercard’s ecosystem of cryptocurrency partners enabling Crypto-as-a-Service, which provides quick access to cryptocurrency capabilities.

What have you covered about Bakkt?

Through the Mastercard network and Bakkt’s trusted digital asset platform, Mastercard partners will be able to offer cryptocurrency solutions, including the ability for consumers to buy, sell and hold digital assets through custodial wallets powered by the Bakkt platform and streamlined issuance of branded crypto debit and credit cards. This partnership builds on both Bakkt and Mastercard's commitment to the crypto ecosystem. Bakkt publicly listed on the NYSE under the ticker BKKT on October 18, 2021, while Mastercard proceeds to invest in the digital asset space through several initiatives, including the acquisition of CipherTrace, partnerships with leading crypto players, the creation of new platforms to test and support central bank digital currencies, and the like.

Where can I find articles about Bakkt?

Our coverage of Bakkt includes: "Mastercard, Bakkt partner to offer cryptocurrency services"; "BIR opens Tax Payer Portal"; "DTI retracts plan to require permit when running online ads and promos". Each article provides unique insights and information.