Bakkt is a Bitcoin futures exchange created by the Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE). The Bakkt exchange is designed to provide a regulated platform for trading Bitcoin futures contracts.
The launch of Bakkt has been delayed several times, but is currently scheduled to launch on December 12, 2018.
The Bakkt exchange is seen as a positive development by many in the cryptocurrency community. The launch of Bakkt will provide a much-needed boost to the legitimacy of Bitcoin and cryptocurrency.
It will also provide a regulated platform for trading Bitcoin, which will help to attract more institutional investors to the space.