Bakkt has announced an agreement to acquire Distributed Technologies Research Ltd. (DTR), a provider of stablecoin payment infrastructure, to advance its stablecoin settlement and programmable payment strategy. Under the terms of the agreement, Bakkt will issue approximately 9.129 million Class A common shares to DTR shareholders, representing about 31.5% of the agreed share count. The transaction is subject to regulatory and shareholder approval.
Additionally, Bakkt plans to rebrand as "Bakkt, Inc." on January 22, 2026, while retaining its stock ticker symbol BKKT.
Bakkt to Acquire DTR to Enhance Stablecoin Payment Infrastructure
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