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Cryptocurrency Derivatives Series: Bakkt Initiates Beta-Testing of Bitcoin Futures as Scheduled
The much-awaited Bakkt’s platform for bitcoin futures contracts with physical delivery facility appears to be ready to go. Yes, it is finally all set to unveil on this July 22nd.
Quite a few crypto aspirants have been hoping that the institutional-grade offering will encourage investors. Mr. Adam White, the COO of cryptocurrency platform Bakkt, mentioned in Medium blog that the ICE-backed start-up will commence testing its much-anticipated Bitcoin futures contracts from July 22nd.
The blog announcing Bakkt’s beta launch today, states that; on July 22, two days after Apollo 11’s 50th anniversary, Bakkt will initiate user acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and cleared at ICE Clear US.
Moreover, Adam White, the Chief Operating Officer at Bakkt divulged that the company’s Bitcoin futures would be listed and traded on the ICE Futures U.S. as well as cleared at ICE Clear the U.S.
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