Bakkt Completes Acquisition of AI Payment and Stablecoin Infrastructure Firm DTR, Entering the $44 Trillion Cross-Border Payment Layer for Institutions

Bakkt, a U.S.-listed blockchain infrastructure company, announced on April 30 that it has completed the acquisition of the Distributed Technology Research Institute (DTR), which develops agent-based payment and stablecoin infrastructure. As part of the acquisition, Bakkt issued 11,316,775 Class A common shares to DTR shareholders. This integration combines Bakkt's regulatory-compliant institutional infrastructure with...