Bitcoin Futures Trading Platform Bakkt Soon To Launch?

in #news5 years ago (edited)

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In recent news, Bakkt revealed that they will start user acceptance testing for its Bitcoin Futures.

Almost everyone in the crypto community is waiting for Bakkt's Bitcoin Futures long enough. After many delays and uncertainty, finally, the company has revealed that on July 22nd, two days after the Apollo 11's 50 year anniversary, it will launch the user acceptance tests.
Recently in a blog post, Bakkt's COO Adam White explained how Bakkt along with ICE have come to this uneasy path of delivering Bitcoin Futures markets to institutions and consumers.

“This is no small step. This launch will usher in a new standard for accessing crypto markets. Compared to other markets, institutional participation in crypto remains constrained due to limitations like market infrastructure and regulatory certainty. This results in lower trading volumes, liquidity, and price transparency than more established markets like ICE’s Brent Crude futures contract, which has earned global trust in setting the world’s price of crude oil,” writes White.

Read more on CoinSpeaker:
https://www.coinspeaker.com/bakkt-bitcoin-future-price/

Image is taken from Bakkt.com