Copy link
Increase text size
Decrease text size
Link copied

PayPal, Google veteran Mike Blandina takes the helm at Bakkt as new CEO

Tue, 24 Dec 2019, 07:51 am UTC

Following the departure of Kelly Loeffler, Intercontinental Exchange (ICE) has announced the appointment of Mike Blandina as the new CEO of crypto trading platform Bakkt.

It can be recalled that founding CEO Loeffler was recently appointed to the United States Senate to fill the seat of retiring Sen. Johnny Isakson.

Blandina joined Bakkt in April this year as chief product officer and was responsible for leading the “efforts to converge a trusted ecosystem for digital assets with payments use cases.”

Prior to joining Bakkt, Blandina served as chief technology officer and led product & engineering at OneMarket. The payments industry veteran has also held leadership roles at Westfield, PayPal, Google, and the Blackhawk Network.

“As CEO, Mike will chart Bakkt’s strategic direction, payment products and markets, as well as overseeing the regulatory and financial performance of the company. His more than 25 years of experience in payments across product, engineering, strategy and operations will continue to serve us well,” said Jeffrey Sprecher, Founder, Chairman and CEO of ICE.

In addition, ICE announced that Adam White will now serve as the Bakkt President. White joined the company last year as Chief Operating Officer following his stint at cryptocurrency exchange Coinbase.

“In his new role as President, Adam will focus on digital asset markets, custody and trading, as well as Bakkt’s strategic direction. Adam’s breadth of experience in crypto markets, and his work as a founding executive at Bakkt, give him a unique perspective that will help shape our future successes,” Sprecher added.

The appointments of Blandina and White took effect on December 20, following the departure of Loeffler, according to a press release.

In August 2018, ICE announced a new company, Bakkt with the objective of creating an open and regulated, global ecosystem for digital assets. Earlier this year, Bakkt went live with its bitcoin futures and options market, which is supported by the Bakkt Warehouse, a regulated bitcoin custody offering which allows institutions around the world to safeguard their assets using Bakkt’s enterprise-grade technology and infrastructure.

More recently, it launched options and cash-settled futures products. In addition, Bakkt is planning to launch its first-ever consumer app with Starbucks in the first half of 2020.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Moses
  • 2020.06.24 23:38:49
I am a cryptocurrency trader and i make over 200% daily, If you are interested,i can teach you how to trade and also help you achieve your goal in life with crypto i can turn
$4500 into $35000 in less then four weeks,now that bitcoin has low prices...please note that cryptocurrency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door inbox me for more info....contact me on whatsapp :+12067425358 happy new year to you all .........................................................................................................................
  • 0
  • ·
  • 0
More
  • Bitcoin (BTC) $9,226.59 (-0.52%)
  • Ethereum (ETH) $239.30 (-0.85%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $231.72 (-2.04%)
  • Bitcoin SV (BSV) $181.42 (-2.21%)
  • Bitcoin (BTC) $9,226.59 (-0.52%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft