In their first round, Bakkt had raised $182.50 million. Jeff Sprecher, the CEO of Intercontinental Exchange (ICE), and CFO Scott Hill announced that Bakkt would be expecting a launch later in 2019. ICE’s highly-anticipated crypto exchange, Bakkt, is being valued at $740 million following its Series A funding round. In their first round of funding, they raised $182.5 million to build its digital assets service and Bitcoin [BTC] futures product. In that round, they had investors like Boston Consulting Group, Goldfinch Partners, ICE, Microsoft’s VC fund, Pantera Capital, Protocol Ventures and Galaxy Digital. Its current $740 million post-money valuation means ICE may have sold up to 25% of its shares to external investors like Galaxy, Pantera, Microsoft, and Starbucks. The Block’s source said: “From a cash-flow perspective, Bakkt will not be earning much based on their proposed contract fees, so they really need a lot of volume. A lot of things will need to line up for investors to receive returns that they would typically expect for a Series A.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/USD: ‘Still on the struggle bus’ – Goldman Sachs FX Street 4 years In their first round, Bakkt had raised $182.50 million. Jeff Sprecher, the CEO of Intercontinental Exchange (ICE), and CFO Scott Hill announced that Bakkt would be expecting a launch later in 2019. ICE's highly-anticipated crypto exchange, Bakkt, is being valued at $740 million following its Series A funding round. In their first round of funding, they raised $182.5 million to build its digital assets service and Bitcoin [BTC] futures product. In that round, they had investors like Boston Consulting Group, Goldfinch Partners, ICE, Microsoft's VC fund, Pantera Capital, Protocol Ventures and Galaxy Digital. Its current $740 million post-money valuation means… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.