TechFlow reports that Gavin Michael, CEO of digital asset platform Bakkt, said during a conference call with Water Tower Research that the company is seeing strong demand from new custody and crypto trading clients. Bakkt's gross margin has also improved through expanding its customer network and prudent capital allocation.
The company has recently completed several acquisitions and partnerships and is expanding into international markets, with plans to launch in Latin America in the fourth quarter, followed by launches in the UK, EU, Hong Kong, and Australia.




