Jeff Screecher, CEO, and Scott Hill, CFO, of Intercontinental Exchange (ICE) announced that Bakkt would be expecting a launch later in 2019. Hill called Bakkt ICE’s long term investment. Jeff Sprecher, the CEO of Intercontinental Exchange (ICE), and CFO Scott Hill announced that Bakkt would be expecting a launch later in 2019. The two were on an “earnings call” discussing the financial results for Q4 and the rest of 2018. Hill said: “And finally, our investment in Bakkt will generate $20 million to $25 million of expense based upon the run rate in the first quarter. We will update you on progress at Bakkt and the level of investment as we move through the year.” Screecher added: “So it’s a bit of a moonshot bet and it’s been organized in a manner that is very different than the way ICE typically does businesses [“¦] They’re well along in building out an infrastructure that I think you’ll see launch later this year.” Hill concluded by calling Bakkt ICE’s long term investment: “I think Bakkt is really an investment”¦ That’s more about the future and revenue and market opportunities that we see in the future and less about 2019 topline”. 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 US Senator Shelby: Agreement in principle reached in US shutdown talks FX Street 4 years Jeff Screecher, CEO, and Scott Hill, CFO, of Intercontinental Exchange (ICE) announced that Bakkt would be expecting a launch later in 2019. Hill called Bakkt ICE's long term investment. Jeff Sprecher, the CEO of Intercontinental Exchange (ICE), and CFO Scott Hill announced that Bakkt would be expecting a launch later in 2019. The two were on an "earnings call" discussing the financial results for Q4 and the rest of 2018. Hill said: "And finally, our investment in Bakkt will generate $20 million to $25 million of expense based upon the run rate in the first quarter. We will update you… 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.