Bakkt, the forthcoming institutional
crypto exchange run by Intercontinental Exchange and partnered with Microsoft
and Starbucks, opened its Bitcoin futures platform to user testing this week.
Bakkt has been plagued by delay imposed by regulatory compliance. It’s unknown
at this point when Bakkt will officially launch.
Robinhood, a trading platform for
stocks and digital assets, announced a $323 million funding. DST Global, a
prominent investor in internet startups led the financing round along with
crypto-notables Ribbit Capital and Sequoia. The company will direct the capital
towards expanding the business and offering new financial services.
Major European budget airline,
Norwegian Air, announced that Norway-based travellers can purchase tickets with
Bitcoin. The airline will also launch its own crypto exchange, the Norwegian
Block Exchange, NBX in August. NBX will integrate Norwegian Air’s existing
rewards program, and customers can earn points by trading on the exchange,
which they can swap for discounts on tickets and other perks.
Major online tech retailer, Newegg
is now expanding its Bitcoin sales service to 73 new countries, which is nearly
its full range of operations. Newegg was one of the first major online
shopping destinations to start accepting Bitcoin as payment five years ago.
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