Bakkt to Acquire Distributed Technologies Research in Stock-Based Transaction

Bakkt Holdings Inc. has agreed to acquire Distributed Technologies Research Ltd. (DTR) in a stock-based transaction aimed at expanding its stablecoin settlement and programmable payments capabilities. Bakkts Board Approves DTR Acquisition After Special Committee Review Under the definitive agreement, Bakkt Holdings Inc. will issue Class A common stock equal to 31.5% of the Bakkt Share []