When was Bakkt founded?

Bakkt was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Bakkt located?

Bakkt is headquartered in Alpharetta, United States.

Who is the current CEO of Bakkt?

Akshay Naheta of Bakkt. They have also founded 1 company.

How many employees does Bakkt have?

As of Jun 30, 2026, the latest employee count at Bakkt is 384.

Is Bakkt a funded company?

Bakkt is a funded company, having raised a total of $482M across 2 funding rounds to date. The company's 1st funding round was a $182M Series A round, raised on Dec 19, 2018.

When was the latest funding round of Bakkt?

Bakkt's latest funding was a $300M Series B round on Feb 28, 2020, with participation from 6 investors.

What is the annual revenue of Bakkt?

Annual revenue of Bakkt is more than $1B as on Dec 31, 2024

Is Bakkt a Cryptocurrencies company?

The primary sector of Bakkt is Cryptocurrencies.

Where does Bakkt rank among its competitors?

Bakkt ranks 17th amongst 1648 active competitors, of which 268 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was River Financial, which secured $35M in May, 2023.

Who are the top competitors of Bakkt?

Bakkt's top competitors include Consensys, Coins.ph and Luno. Among them, River Financial secured the most recent funding round in May, 2023.

Bakkt - 2026 Company Profile, Team, Funding, Competitors & Financials

Sectors and market segments that Bakkt operate in

Bakkt serves in the FinTech, Blockchain Technology market segments.The primary business model of Bakkt are:

Company Details

App-based crypto trading and payment solutions for businesses, institutions, and individuals. It offers solutions such as a wallet for digital asset management, crypto trading, crypto gift cards, money transfers and withdrawals, and more. It also provides a fraud protection suite for merchants. The app is available for Android and iOS platforms.

Website: bakkt.com
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Email ID: *****@bakkt.com
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Part Of

Key Metrics

Founded Year

2018

Location

Alpharetta, United States

Stage

Public

Total Funding

$482M in 2 rounds

Latest Funding Round

Series B, Feb 28, 2020, $300M

Investors

BCG & 24 more

Ranked

17^th among 1648 active competitors

Annual Revenue

$1B+ as on Dec 31, 2024

Employee Count

384 as on Jun 30, 2026

Investment & Acquisitions

Transchem & 5 more

Similar Companies

Consensys & 2642 more

Exit Details

Public

View Bakkt's full profile

Bakkt is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BAKKT, LLC CIN: 6992474 , United States, Active	Jul 30, 2018	-	1037 (As on Dec 31, 2022)	-
VPC IMPACT ACQUISITION HOLDINGS CIN: 1820302 , United States, Active		$1B+ (As on Dec 31, 2024)	-	-

Bakkt got listed on Nov 20, 2020.

Click here to take a look at Bakkt's IPO in detail

Bakkt has raised a total funding of $482M over 2 rounds. Its first funding round was on Dec 19, 2018. Its latest funding round was a Series B round on Feb 28, 2020 for $300M. 6 investors participated in its latest round. Bakkt has 24 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Bakkt:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 28, 2020	$300M	Series B	-	-	M12, BCG, CMT Digital, Pantera Capital, Goldfinch Partners, PayU	-
Dec 19, 2018	$182M	Series A	$740M	-	Horizons Ventures, Pantera Capital, M12, PayU, CMT Digital, Eagle Seven, Protocol Ventures, BCG, Galaxy, Goldfinch Partners	Alan Howard

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View details of Bakkt's funding rounds and investors

The founders of Bakkt is Jeff Sprecher. Akshay Naheta is the CEO of Bakkt.

Here are the details of Bakkt's key team members:

Jeff Sprecher: Co-Founder of Bakkt.
Akshay Naheta: Co-Founder & CEO of Bakkt.
Contact Info: 2 email addresses

View details of Bakkt's Founder profiles and Board Members

Bakkt's employee count trend

Bakkt has 384 employees as of Jun 26. Here is Bakkt's employee count trend over the years:

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Top competitors of Bakkt include Consensys, Coins.ph and Luno. Here is the list of Top 10 competitors of Bakkt, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Consensys 2014, Fort Worth (United States), Series D	Developer of blockchain and web3 software platform	$725M	Temasek, Sound Ventures & 57 others	81/100
2nd	Coins.ph 2014, Pasig (Philippines), Acquired	Digital wallet for Bitcoin assets	$40M	Naspers, Ribbit Capital & 15 others	80/100
3rd	Luno 2013, London (United Kingdom), Acquired	App-based platform for crypto wallet and investments	$13M	Naspers, Balderton Capital & 12 others	80/100
4th	FalconX 2018, San Francisco (United States), Series D	Online platform offering cryptocurrency trading and investment solutions for institutions	$430M	B Capital, GIC & 26 others	79/100
5th	BlockFi 2017, Jersey City (United States), Acquired	Online platform for trading, crypto-backed loans, interest accounts, and wallets	$466M	Valar Ventures, Bain Capital Ventures & 64 others	78/100
6th	Amber Group 2017, Singapore (Singapore), Series C	Provider of blockchain-based financial solutions	$628M	Temasek, Paradigmcap & 32 others	76/100
7th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, Ceras Ventures & 22 others	75/100
8th	Fireblocks 2018, New York (United States), Series E	Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service	$1.04B	Spark Capital, Stripes & 38 others	75/100
9th	River Financial 2019, San Francisco (United States), Series B	Blockchain focused investment firm	$70M	Goldcrest, Kingsway Capital & 19 others	74/100
10th	Safe Ecosystem Foundation 2018, Zug (Switzerland), Series D	Decentralized custody protocol and asset management platform on Ethereum and the EVM	$112M	1kx, Tiger Global Management & 10 others	73/100
17th	Bakkt 2018, Alpharetta (United States), Public	App-based crypto trading and payment solutions for businesses, institutions, and individuals	$482M	Chainfund Capital, PayU & 23 others	68/100

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Bakkt has made 1 investments in companies including Transchem. Bakkt has also acquired 5 companies including DTR and Apex Crypto.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 04, 2026	Investments	Transchem	1976	Thane (India)
Jan 12, 2026	Acquisition	DTR	2023	Zug (Switzerland)
Nov 03, 2022	Acquisition	Apex Crypto	2014	Chicago (United States)