ICE CEO: start Bakkt just take place in 2019

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2019-02-10 21:00:10

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ICE CEO: start Bakkt just take place in 2019

The CEO of Intercontinental Exchange (ICE) expects to start trading platform in 2019. About Jeff Sprecher told during the announcement of the results of the next reporting period of the company. In a video conference manual ICE reviewed in detail its financial results for last quarter and the whole of 2018 as a whole.

During his report Sprecher said that the company has spent about a billion dollars on «strategic initiatives». In their number also included the launch of a trading platform for digital assets. We will remind, under the control of the ICE are 23 leading stock exchanges including the NYSE.

the

When will bullrun?

Financial officer Intercontinental Exchange Scott hill calculated the approximate cost of running Bakkt.

Our investment in Bakkt will cost the company 20 to 25 million dollars. The exact amount will be determined by the results of the first quarter of this year. We will notify you about the progress in establishing the trading platform throughout the year.

It is Noteworthy that Sprecher believes Bakkt « rate» for ICE.

This investment can be a profitable bet for ICE, if all goes according to plan. Ideally, the platform should begin its work later this year.

Bakkt will exist separately from the ICE — unit has its offices, managers, and infrastructure. Sprecher noted that existing developments ICE in this direction has already attracted a lot of high-profile investors, including Starbucks and Microsoft.

Source: Bitcoinist

While Scott hill sees the future of the trading platform as a long-term investment for the company.

I think Bakkt really is an investment. Here we are talking about the future of the market and the huge profits that we will receive after 2019.

The situation around Bakkt keep in our . There heat.

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