Bakkt Acquires Stake in Japanese Firm to Launch Bitcoin-Focused Investment Vehicle
In a bold strategic pivot, crypto platform Bakkt is set to transform Tokyo-listed company Marusho Hotta into a Bitcoin-centric investment entity, following a newly announced acquisition deal. On August 6, Bakkt Holdings revealed it would acquire a 30% stake in Marusho Hotta from Japanese wellness conglomerate RIZAP Group, positioning itself ...