Bakkt completed the acquisition of Apex Crypto from Apex Fintech Solutions for $200m.

Bakkt, a digital asset platform, completed the acquisition of Apex Crypto, a cryptocurrency exchange and investment platform, from Apex Fintech Solutions, a fintech company, for $200m. “This acquisition marks an exciting new chapter for Bakkt, significantly advancing portions of our crypto roadmap, helping us tap into a universe of 5.8m crypto-enabled accounts, and further establishing Bakkt as the B2B2C crypto provider of choice. We’re looking forward to welcoming the Apex Crypto team members to Bakkt and working together to accelerate our growth and strategy,” Gavin Michael, Bakkt CEO.