Exchanges

Bakkt: One Step Closer To Launching

Bakkt One Step Closer To Launching

The long-anticipated cryptocurrency exchange Bakkt announces key vacancies. The will hire for many important positions, announced in a Tweet on January 22nd.

What has Bakkt accomplished so far?

The Intercontinental Exchange (ICE) started in 2000 and are a Fortune 500 company. They connect the largest community of participants in all major markets at key phases of the investing, trading, hedging and capital raising lifecycle. ICE owns several exchanges, including the New York Stock Exchange (NYSE).

They announced, a few months back, the planned launch of Bakkt, a story covered by Toshi Times. However, the platform is yet again postponed to a later date this year. The team also seem to work tirelessly for their dream to become true. They recently completed a funding round were they raised $182,5 million from 12 different partners and investors.

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While that was good news, the US government shutdown delayed Bakkt further. Until the government reopens, the company cannot proceed. The reality of the shutdown is that certain government institutions aren’t functioning. Their employees cannot go to work, and no one is getting paid. While the work is not getting done, backlogs in all sorts of areas are emerging.

In December, Bakkt made huge progress, and are finalising needed regulation which seems to fall into place already.

Kelly Loeffler, the CEO of Bakkt said: “We’ll share details as the New Year unfolds. As our COO Adam White and I work through Bakkt’s 2019 objectives. We focus on opportunities to provide new infrastructure. It includes the industry’s first institutional grade regulated exchange, clearing and warehousing services for physical delivery and storage.”

Bakkt is one step closer to launching

Most recent news reveals that they are hiring for some high-up positions. They list eight evidently, new positions at the company, based in Atlanta and New York City. However, potential employees can choose to work from Hong Kong, Toky, San Fransisco, London, Tel Aviv and Singapore.

The page specifies that the company mostly tries to hire some developers, mostly as seniors or directors. The company needs a director of blockchain engineering, a blockchain developer, a director of security engineering, a senior full stack engineer, a mobile developer and a software development engineer in test. They also need a director of finance and at least one institutional sales member. Intercontinental exchange is not the only company to making cryptocurrencies mainstream. Countries around the world do that as well. The US will, for example, set up thousands of crypto-ATMs all over the country to help consumers easily use cryptocurrencies and bitcoin.

Image Source: “Flickr”

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