Bakkt will launch cryptocurrency shopping app in 2020

Bakkt, a platform for institutional investors, plans to launch an app with whichusers will be able to pay for purchases with cryptocurrency.

Bakkt Product Development Director Mike Blandina(Mike Blandina) said that the application will allow people to pay with cryptocurrencies at retail outlets, including the world's largest chain of Starbucks coffee houses.

The application will be launched in the first half of 2020. According to a Bakkt executive, users will also be presented with tools to make and track trades.

“We want people on our platform to be able to manage their portfolio of digital assets: store cryptocurrencies, trade them and even pay for goods,” said Blandina.

To recap, the Bakkt platform launched Bitcoin futures trading in September, and in October the company announced the launch of the first regulated Bitcoin options contract.

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