Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Beleaguered Bakkt replaces CEO, days after NYSE warned of delisting.
ADOPTION NEWS

Beleaguered Bakkt replaces CEO, days after NYSE warned of delisting.

By Crypto FlexsMarch 18, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Beleaguered Bakkt replaces CEO, days after NYSE warned of delisting.
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

Bakkt, a once-promising darling of traditional finance as it entered the cryptocurrency world, has once again welcomed a new CEO. Andy Main, a board member who briefly served as CEO of advertising agency Ogilvy and held senior positions at Deloitte Digital, will lead Bakkt from March 26.

“After just over three years in the role, current CEO Gavin Michael is “resigning to pursue other opportunities,” the company said in a press release. Bakkt added that Michael will “serve in an advisory role until March 2025” to help with the transition.

Main, who joined the board in October 2021, becomes the company’s fifth CEO since it was founded about six years ago. The Bitcoin platform, which is primarily owned by the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, was warned last week that it could be delisted if its stock price trades below $1 for 30 days. A few weeks ago, Michael warned that the company would have difficulty continuing as a going concern. Although it has since raised $50 million, Main said the funding “relaxed the conditions that raised doubts about us as a going concern.” Bloomberg.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Lawrence Lewitinn is The Block’s North American editor-in-chief. Lewitinn has extensive experience as a financial journalist, working at CoinDesk, CNBC, TheStreet, Yahoo Finance, Observer, and Modern Consensus. His career also includes several years on Wall Street trading bonds, currencies and commodities for Millennium Management and MQS Capital. Lewitinn graduated from New York University, received an MBA from Columbia Business School, and a master’s degree in international relations from Columbia School of International and Public Affairs. He is a CFA Charterholder.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025

AI starts a cost -effective batch API for LLM request.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Weed® Announces Partnership With Khalifa Kush; Launches Global Commercialization

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025
Most Popular

Ethereum ETF Launch Date Confirmed? What Happens Next When ETH Breaks $3400?

July 16, 2024

Bitcoin Conference 2025, Highlights in Las Vegas

June 3, 2025

Solana vs. Ethereum: Is Solana ready to overtake Ethereum in DeFi dominance? – DeFi information

February 1, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.