Bakkt debuts new name with all-stock stablecoin firm acquisition
Jan 12, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan

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Bakkt Holdings has acquired Distributed Technologies Research Ltd., issuing about 9.1 million shares of its Class A common stock to DTR shareholders. This acquisition strengthens Bakkt's position in the crypto market and might enhance its service offerings.
Bullish
Distributed Technologies Research Ltd. has been acquired by Bakkt Holdings, its long-term partner, according to a press release seen by Cryptopolitan earlier today. Under the terms of the agreement, Bakkt will issue approximately 9.1 million shares of its Class A common stock to DTR shareholders. What does the acquisition mean for Bakkt Holdings? Bakkt Holdings […]

