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Bakkt Acquires DTR to Build Stablecoin Settlement Layer

Bakkt has completed its acquisition of Distributed Technologies Research to support its plans for a digital settlement layer. The deal combines Bakkt’s institutional infrastructure with DTR’s stablecoin technology and payments engine for round-the-clock settlement services.Bakkt has completed its acquisition of Distributed Technologies Research to support its plans for a digital settlement layer. The deal combines Bakkt’s institutional infrastructure with DTR’s stablecoin technology and payments engine for round-the-clock settlement services.

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