{"id":395302,"date":"2019-09-06T20:00:07","date_gmt":"2019-09-06T20:00:07","guid":{"rendered":"https:\/\/wncen.com\/?p=395302"},"modified":"2024-06-11T07:58:49","modified_gmt":"2024-06-11T07:58:49","slug":"bakkt-still-on-track-for-bitcoin-futures-launch-this-month","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bakkt-still-on-track-for-bitcoin-futures-launch-this-month\/","title":{"rendered":"Bakkt Still on Track for Bitcoin Futures Launch This Month"},"content":{"rendered":"

The much-anticipated, fully-regulated Bitcoin exchange and custody offering from Bakkt looks on track to make good on its previously-announced launch date later this month. The company has just announced that its Warehouse custody solution is now open for customer deposits and withdrawals.<\/p>\n

The Bakkt platform seeks to make investing in Bitcoin more friendly to institutional investors and bring greater accountability to price discovery. Its high-profile backers and the fact that futures contracts will be settled with actual Bitcoin are behind the optimism many Bitcoin enthusiasts have about the new exchange platform.<\/p>\n

Bakkt Launches Warehouse Deposits and Withdrawals on Time<\/h2>\n

Given the number of delays<\/a> to its launch already, Bitcoiners hoping for a timely roll out of the Bakkt platform will be pleased to learn that the company has today started accepting deposits and withdrawals to its Warehouse custody solution. The firm made the announcement via Twitter earlier today:<\/p>\n

\n

Today our Warehouse opens for customer bitcoin deposits and withdrawals as we prepare for the Bakkt Bitcoin Daily & Monthly Futures, launching September 23<\/p>\n

The availability of physical delivery brings more flexibility in managing bitcoin exposure<\/p>\n

— Bakkt (@Bakkt) September 6, 2019<\/a><\/p><\/blockquote>\n