Bakkt Partners With Google

Digital asset custodian Bakkt has partnered with Google, introducing digital assets through Google Pay to millions of users. Bakkt and Google announced this partnership on Friday, October 8th, 2021 as a means of extending the usability of cryptocurrency to the evolving customer demand. Users will be able to add their virtual Bakkt Visa Debit Card to google pay, allowing consumers the ability to purchase anywhere Google Pay is accepted. Digital assets like Bitcoin will be converted to fiat currency for payments to occur to purchase everyday goods and services, both in store and online.

Bakkt has also chosen to use the Google Cloud services to build new artificial intelligence, geolocation tools, machine learning, and analytics, which they will market to retailers and merchants in the United States. Some of the benefits which Bakkt customers will gain from this partnership include expanded options for loyalty programs, while providing valuable customer behavior patterns to Bakkt’s partners.

Bakkt CEO Gavin Michael stated that the partnership between Bakkt and Google is a testament to Bakkt’s strong position in the digital asset marketplace. Mitchel also stated that partnering with Google Cloud will enable Bakkt to continue to build a best in class, innovative platform that can scale to meet the needs of millions of users.

Google cloud president, Kristen Kliphouse states “Google Cloud has been at the forefront of accelerating digital commerce, powering many retailers and merchants. We are proud to help Bakkt accelerate and scale the availability of their innovative solutions powered by our technologies.”

Within the last month, Bakkt has launched an outstandingly well performing IPO on the New York Stock Exchange and partnered with Mastercard, to allow Mastercard’s vendors the ability to accept digital assets as payment. In addition to this, users can now download the recently released Bakkt app from the Google Play Store and the Apple App Store. The Bakkt App offers consumer spending and loyalty programs.

Conclusion

Bakkt has made a tremendous amount of progress in the push towards cryptocurrency adoption, especially within recent months. With this new found adoption comes new found price action, so be sure to check out the Killer Whale Products Page to see which Killer Whale Signals and Strategies are right for you, such as Killer Whale Large Cap Sector Strategy and Killer Whale Premium Signals !

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