Bakkt stable coin payment company to get DTR, the stock increased 10%
Key receivers
Bakkt, a digital asset infrastructure company, plans to acquire distributed technology research. The acquisition will take place in an all-out transaction in which Bakkt offers Class A common shares to DTR shareholders.
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Crypto services company Bakkt is set to acquire stablecoin payments provider Distributed Technologies Research Ltd. (DTR) in an all-stock transaction, the company said on Monday.
Bakkt has entered into an agreement to acquire Distributed Technologies Research Limited, strengthening our global stablecoin deployment and programmable payment infrastructure.
The transaction supports Bakkt's evolution into a unified financial infrastructure platform and… pic.twitter.com/LknM40aUI2
— Bakkt (@Bakkt) January 12, 2026
Bakkt shares rose about 10% following the announcement, according to Yahoo Finance.
Pending shareholder and regulatory approval, the acquisition will strengthen Bakkt's global stablecoin deployment and programmable payments platform.
The move, backed by Intercontinental Exchange, Bakht's largest shareholder, aims to expand the company's capabilities in payments and banking, developing its financial infrastructure for a wide range of applications by 2026.
Bakkt CEO Akshay Naheta said in a statement that integrating DTR with Bakkt completes a long-planned strategy to build a global financial infrastructure platform, combining Bakkt's regulatory foundation with DTR technology to provide new efficiencies for traders, financial institutions and consumers worldwide.
Mike Alfred, who serves on the board and special committee, said the acquisition “enables Bakkt to strengthen a critical stablecoin settlement infrastructure and the company prepares to launch its neobanking strategy with multiple distribution partners in the coming months.”
Bakkt plans to change its corporate name to ‘Bakkt, Inc.' And continue to trade on the New York Stock Exchange under the symbol ‘BKKT'.
Initially launched as a Bitcoin futures trading platform, Bakkt has expanded its business to include crypto payment solutions and trading services.
By May 2025, Bakht outlined plans to integrate DTR technology as part of a broader architecture, positioning the regulated infrastructure as a bridge between traditional and decentralized finance. The partnership will provide access to DTR's ION network, supporting stablecoin-based cross-border payments and AI-driven on-chain applications, combining TradFi compliance with the efficiency and efficiency of blockchain programming.
