Skip to main content
spacbrain

Bakkt

Closed (deSPAC)

Financials · digital asset financial infrastructure

What it is
Bakkt is a digital asset platform that unlocks crypto and drives loyalty to create delightful, connected experiences for a broad range of clients
What it’s doing now
Merging with VPC Impact Acquisition Holdings (VIH) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.

The business, per its filings

SEC primary

Bakkt is a digital asset platform that unlocks crypto and drives loyalty to create delightful, connected experiences for a broad range of clients. Bakkt’s platform, available through the Bakkt App and to partners, amplifies consumer spending and bolsters loyalty programs, adding value for all key stakeholders within the Bakkt payments and digital assets ecosystem. Launched in 2018, Bakkt is headquartered in Alpharetta, GA. For more information, visit: https://www.bakkt.com/ | Twitter @Bakkt | LinkedIn https://www.linkedin.com/company/bakkt/ Bakkt-C Source: Bakkt Holdings, Inc. Contacts Bakkt

Source: DEFM14A, accession 0001193125-26-051757

What the company says about itself

Web research — not audited

Bakkt builds next-generation digital payments and financial infrastructure, offering institutional-grade solutions for payments, treasury, trading, tokenization, and programmable money across digital assets.

Markets:
finance | digital payments | digital assets
Products:
Bakkt Markets | Bakkt Agent | Bakkt Global
What our web check found

[WEB-INTEL 2026-08-26] 7 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bakkt has now raised more than $482 million in total, following a $182.5 million capital raise in late December 2018." [https://www.fintechfutures.com/fintech-start-ups/crypto-start-up-bakkt-lands-300m-series-b-from-microsoft-and-payu] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The exchange raised $182.5 million in its initial round, for which it hoped to attract institutions. Its approximate $740 million post-money" [https://finance.yahoo.com/news/bakkt-raises-series-valuation-topping-192843214.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "round on Feb 28, 2020 for $300M." [https://tracxn.com/d/companies/bakkt/__kzaZxU_6pb07sHiL_OKizYP5ErZc8qRu0nFO4D7Kbxc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "In 2025, Bakkt completed strategic capital raises totaling approximately $100 million, enhancing its liquidity and supporting its strategic" [https://investors.bakkt.com/node/11601/pdf] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "VIH shareholders will meet on Oct. 14 to approve the merger, the companies said." [https://www.coindesk.com/business/2021/09/17/bakkt-to-go-public-next-month-after-sec-okays-spac-plans] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Approximately 85.1% of the votes cast at today's meeting voted to approve the merger and the transaction is expected to close tomorrow, October" [https://www.spacinsider.com/news/market-intel/vpc-impact-shareholders-approve-bakkt-deal] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bakkt to go public via merger with SPAC VPC Impact Acquisition in deal with $2.1 billion enterprise value" [https://en.wikipedia.org/wiki/Bakkt]

Source: https://bakkt.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Bakkt is merging with VPC Impact Acquisition Holdings (VIH) currently marked Closed (deSPAC).

Headline equity value—
PIPE≈ $325M · unsourced

Structure per SEC accession(s) 0001193125-21-102550, 0001193125-26-051757. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Bakkt going public?

Bakkt has an approved merger with the SPAC VPC Impact Acquisition Holdings (VIH). Deal status: Closed (deSPAC).

Does Bakkt have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

Other financials deals