• Bakkt and Sullivan Bank Partner to Offer Crypto Trading to Customers

  • According to a recent news release, Bakkt Holdings will assist Sullian Bank in beginning to provide crypto-related services to the bank’s customers. They will be able to hold, sell, and purchase the two most important digital currencies.

    Sullivan Bank will now offer Bitcoin and Ethereum to its customers.

    Sullivan Bank, which was founded in 1895, has entered into a strategic cooperation with Intercontinental Exchange’s top crypto trading platform.

    The bank stated that it will soon begin using Bakkt Crypto Connect to enable its clients to purchase, sell, and hold the two most popular digital currencies, Bitcoin and Ethereum.

    According to the press release, Sullivan Bank’s clients will be able to take advantage of Bakkt’s comprehensive suite of services, which includes not only trading and holding but also tax reporting, customer care, and educational resources.

    Bakkt’s Mark Elliot, who is in charge of Marketing and Sales, stated that the company will do everything possible to provide the bank’s users with a seamless crypto experience.

    According to COO Mallory Farrel, the relationship arose as a result of increased institutional demand for cryptocurrency. He emphasized that people will be able to not only purchase and trade Bitcoin and Ethereum, but also store them in their bank accounts.

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