TechFlow news, June 27 — According to SEC filings, digital asset platform Bakkt Holdings has filed an S-3 registration statement with the U.S. Securities and Exchange Commission for a proposed offering of up to $1 billion. The capital raise will be conducted in multiple tranches through various securities, with specific issuance arrangements subject to market conditions and terms. Proceeds from the offering are expected to be used for working capital and general corporate purposes, and a portion may also be allocated to Bitcoin or other digital assets under its updated investment policy.
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