RTTNews | Jan 26, 2022 12:55PM EST

12:55 Wednesday, January 26, 2022 (RTTNews.com) - Georgia-based digital asset handling platform, Bakkt Holdings, Inc. (BKKT), is trading 13% higher on the market after it partnered with Nexo to be a custodian of bitcoin and ethereum in the Bakkt Warehouse.

Dan O'Prey, Chief Product Officer, Crypto at Bakkt, said, "The cryptocurrency market continues to expand at a robust pace, leading reputable crypto companies to diversify custody of assets. We are pleased that Nexo has chosen the Bakkt Warehouse as a trusted solution."

The stock is currently trading at $4.37, up $0.47or 12.05% since the previous close at $3.90. In the morning, the stock opened at $4.10 and in the 52-week period, the stock has ranged between $3.61 and $50.80.

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