Offering crypto money services, Bakkt Holdings has made a significant change in the management staff. Former Softbank manager Akshay Naheta was appointed as the joint CEO of the company with Andy Main. With the new management, the company plans to develop Blockchain -supported payment systems and create new sources of income. The strategic partnership with the Distributed Technologies Research (DTR), owned by Nahaeta, will also play an important role in this goal.
Change in leadership and new management structure
With the participation of Akshay Nahaeta to the board of directors, BAKKT aims to accelerate the technology -oriented transformation process. In the past, Naheta played an important role in investments in major technology companies such as Nvidia and ARM. This may be effective in reshaping Blockchain infrastructure of Bakkt’s solutions in financial services.
With its new management structure, the company is expected to become more integrated with blockchain technologies. Andy Main and Akshay Nahaeta will work together in this new period, Bakkt’s expansion of its services especially for corporate customers is on the agenda. Blockchain -based payment systems and cross -border transactions are at the center of this strategy.
This change in management also points out that the company is directed to a more aggressive growth strategy. At a time when the competition in the field of financial technology is increasing, this step by Bakkt attracts attention in the sector.
Platform integration and new income models
The strategic partnership with the Distributed Technologies Research (DTR), owned by Naheta, aims to restructure Bakkt’s platform infrastructure. DTR’s fixed valuable digital payment solutions will be integrated into BAKKT’s trade and intermediary services. This integration can both increase operational efficiency and reduce costs by reducing the complexity in the system.
The special routing system and API -based structure used in DTR infrastructure aim to provide an alternative to traditional payment solutions. With this technological integration, BAKKT plans to offer new products targeting both individual users and corporate customers.
However, it is emphasized that this transformation process is subject to regulatory approvals. According to the company, the completion of the integration will progress depending on the current legal processes. Investors closely follow this process and possible income increases.
In spite of all these developments, BOKT shares have lost 18 %in the last three days. Analysts say that important business partners such as Bank of America and Webull Pay in this decline are effective. Stock performance reveals the reflection of the company’s strategic steps on the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
