Bakkt Holdings, Inc. operates technology that connects the digital economy by offering a platform for crypto and redeeming loyalty points. It enables its clients to deliver new opportunities to their customers through an interactive Web experience or application programming interfaces (API) solutions that unlock crypto and drive loyalty. The Company operates primarily through the Bakkt Marketplace, LLC (Bakkt Marketplace) and Bakkt Crypto Solutions, LLC (Bakkt Crypto). The Company’s platform provides consumers, businesses and institutions with the ability to buy, sell and store crypto in a simple, intuitive digital experience accessed via APIs or embedded Web experience. Bakkt Crypto offers customers the ability to purchase, sell, store and, in approved jurisdictions, deposit and withdraw approved crypto assets, all from within the applications of its clients with whom customers already have a relationship.