Bakkt Acquires Stablecoin Payment Firm, Plans Name Change

According to Foresight News, New York Stock Exchange-listed company Bakkt has announced its acquisition of stablecoin payment infrastructure provider Distributed Technologies Research (DTR). The completion of this transaction is contingent upon the fulfillment or waiver of customary closing conditions, including approvals from relevant regulatory authorities and Bakkt shareholders. Additionally, Bakkt has revealed plans to change its company name to 'Bakkt, Inc.' starting January 22, 2026, while maintaining its current stock trading symbol.