Bakkt acquires stablecoin payment infrastructure provider Distributed Technologies Research

BlockBeats news, on January 12, New York Stock Exchange-listed company Bakkt announced that it has acquired stablecoin payment infrastructure provider Distributed Technologies Research (DTR). The completion of this transaction is subject to customary closing conditions or waivers, including obtaining approval from relevant regulatory authorities and Bakkt shareholders. In addition, Bakkt also announced plans to change its company name to "Bakkt, Inc." effective January 22, 2026. After the name change, its stock trading symbol will remain unchanged.