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Bakkit Expands, Shares Jump

Bakkt, Inc. (NYSE: BKKT) shares gained ground today, on announcing a significant expansion of its global commercial organization as the Company enters the next phase of scaling its global payments and digital asset infrastructure platform.

The expanded commercial team brings together senior executives with deep experience across institutional markets, payments, digital assets, cross-border commerce and enterprise technology. The team will be responsible for accelerating commercialization of Bakkt’s existing product suite, broadening strategic distribution relationships and bringing new sector-specific solutions to market across priority geographies.

New additions to the commercial leadership team include:

• Aman Ghose, Senior Vice President, Institutional Partnerships & Growth, who joins from Aquanow, where he served as Head of Partnerships and built its Middle East business from inception. Ghose brings more than a decade of experience across enterprise strategy, go-to-market and partnerships in North America, the Middle East and India.

• Mark Hiriart, Global Head of Markets, who brings more than 20 years of experience across institutional trading, sales and structuring in traditional and digital asset markets. He most recently served as Head of Sales at Zerocap, following senior roles at OSL Australia, Morgan Stanley and JPMorgan across Australia, Hong Kong and London.

• Dean Salmon, Vice President, U.S. Sales, who joins from Circle, where he developed strategic relationships across the Americas, with experience spanning stablecoins, payments, digital assets and embedded financial infrastructure.

• BKKT shares grabbed 44 cents, or 5.4%, to $8.70.