Bakkt acquires stablecoin payment infrastructure provider Distributed Technologies Research

Foresight News reported that Bakkt, a company listed on the New York Stock Exchange, 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 approvals 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, while its stock trading symbol will remain unchanged after the renaming.