Bakkt’s Income Falls 77% in Q1 as Stablecoin Pivot Takes Form
Bakkt swung to a first-quarter loss as crypto providers income fell 77%, underscoring the digital asset platform’s push to reposition itself round stablecoin funds and AI-enabled monetary infrastructure. On Monday, the corporate reported a internet loss attributable to Bakkt of $11.7 million, or 41 cents per primary and diluted share, for the quarter ended March…
