Fireside Chat: CEO Gavin Michael, August 16, 2022, at 11:00 am EDT
|52 Week Range||$1.98-$50.80|
|Avg. Daily Vol. (30 day)||3,011,003|
|Shares Out (MM)||264|
|Market Cap (MM)||$831|
|Insiders Own %||21%|
|Short Int./% of Float||13.7 / 22.1 %|
|Fiscal Year End||December|
Please join us for a conversation with Bakkt CEO Gavin Michael on Tuesday, August 16, 2022, at 11:00 am EDT to discuss:
- 2Q22 Key Points: What are the takeaways from the just reported quarter?
- The Regulatory Environment: How is the landscape changing? Do you see more regulation coming soon? Is that a good thing?
- Partner Activations: How is Bakkt progressing with its main partners?
- The Crypto Market: Are you seeing a change from your partners’ plans? Are you shifting your strategy?
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Read our initiation and other reports on Bakkt on our website.
Bakkt was formed in 2018, with a vision to connect the digital economy. Its platform operates at the intersection of cryptocurrency (“crypto”), loyalty and rewards and payments. It is uniquely positioned to enable consumers, brands, and financial institutions to better manage, transact with, and monetize those assets in exciting new ways.
Bakkt’s institutional-grade technology platform is at the core of everything it does. It has thoughtfully built a unique and powerful platform, melding together institutional-grade loyalty services to complement its institutional-grade crypto capabilities.
The Bakkt platform provides end-to-end services for its partners, which includes easily digestible technology services, 24/7 customer support, and marketing playbooks. Bakkt’s customers include consumers, businesses, and institutions.
Businesses leverage Bakkt’s crypto-related capabilities to facilitate new assets acquisition and rewards opportunities for their customers. Its loyalty-related capabilities help businesses deepen their relationships with their customers. Bakkt enables institutions to trade crypto using Bitcoin futures contracts that are traded and cleared on ICE and to store Bitcoin and Ether securely in its custody warehouse.
Chief Executive Officer
Bakkt Holdings, Inc.
Gavin Michael has served as Bakkt’s Chief Executive Officer and a director since the Closing. Dr. Michael has served as the company’s President since December 2021. Dr. Michael served in the same role at Bakkt Opco Holdings, LLC (f/k/a/ Bakkt Holdings, LLC (“Opco”)) from January 2021 until the Closing.
Prior to joining Opco, from November 2016 until April 2021, Dr. Michael was the Head of Technology for Citi’s Global Consumer Bank, responsible for the long-term strategic direction, planning and management of Citi’s global technology organization, execution of its cloud architecture, data, and service strategies, and driving digitization efforts to accelerate speed to market.
Before joining Citi, from April 2013 until November 2016, Dr. Michael was Head of Digital for Consumer & Community Banking at Chase, where he was responsible for all aspects of the digital business, including the Chase Mobile App and Chase Online. Dr. Michael was also previously the Chief Technology Innovation Officer at Accenture, the IT director for Lloyds Banking Group’s retail banking business, and Head of Strategy and Architecture at National Australia Bank. He has also held senior technology roles at IBM and served as a Director of Avanade, Inc.
Dr. Michael earned a Ph.D. in Computer Science from Australian National University and a bachelor’s degree from the University of Western Australia.
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