TechFlow News, May 1: According to a Cointelegraph report, digital asset company Bakkt has completed its acquisition of stablecoin infrastructure firm Distributed Technologies Research (DTR) via an equity transaction, aiming to build a 24/7 digital settlement layer. Per the announcement, Bakkt issued over 11.3 million shares to DTR’s beneficial holders, with an additional 725,592 shares potentially to be issued. The deal was initially announced in January, at which time it involved 9.3 million shares.
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