Bakkt: Bitcoin user deposits insured for $ 125 million

Representatives of Bakkt’s regulated supply futures platform announced that users’ bitcoin deposits are already insured for $ 125 million.

“Bakkt Warehouse is ready for futures. Bitcoin deposits in our custodian service are insured for $ 125 million

“Bakkt Warehouse is ready for futures. Bitcoin deposits in our custodian service are insured for $ 125 million

Daily and monthly contracts will be listed on ICE Futures U.S., and clearing will be provided by ICE Clear US. Bakkt will also provide margin tools to customers. Given that the contracts are backed by an impressive guarantee fund, the platform is likely to gain popularity among institutional investors.

Recall Bakkt may within a few months launch a mobile wallet for digital currencies Bakkt Pay.