Intercontinental Exchange CEO: Bakkt Will Launch Later This Year

9 Feb 2019

Intercontinental Exchange CEO: Bakkt Will Launch Later This Year

The CEO of the Intercontinental Exchange (ICE (NYSE:ICE)) expects the firm’s digital asset platform Bakkt to launch later in 2019. The comment was made by ICE CEO Jeff Sprecher during an earnings call Thursday, Feb. 7.

The call was dedicated to ICE’s financial results for Q4 and the full year of 2018. Sprecher explained that the company spent over $1 billion on strategic initiatives, including on the launch of the digital asset platform.

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