This article explores the major shareholders of bakkt crypto, including institutional and individual investors, and examines their impact on the company's operations

Who Are the Largest Shareholders of Bakkt Crypto In 2024? Intriguing Impact They Have On Operations

Last Updated: November 21, 2024By

Bakkt Crypto is a significant player in the blockchain and cryptocurrency industry, attracting a diverse range of shareholders. Understanding who holds the largest shares can provide insights into the company’s influence and future direction. This article explores the major shareholders of Bakkt Crypto, including institutional and individual investors, and examines their impact on the company’s operations and market position.

Key Takeaways

  • Bakkt Crypto’s largest shareholder is Intercontinental Exchange, Inc., owning 92.80% of the shares.
  • Institutional investors hold 20.36% of Bakkt Crypto’s shares, while individual shareholders account for 6.28%.
  • The geographical distribution of shareholders shows a majority from the United States, with 24.65% of shares.
  • Key institutional shareholders include Horizon Kinetics Asset Management LLC, Vanguard Global Advisers LLC, and Mirae Asset Global ETFs Holdings Ltd.
  • The influence of institutional investors is crucial for Bakkt Crypto’s strategic decisions and market performance.

Overview of Bakkt Crypto Shareholders

Bakkt Crypto has a diverse group of shareholders, which can be categorized into three main types: institutional shareholders, individual shareholders, and other categories. Understanding these groups helps to grasp the overall ownership structure of the company.

Institutional Shareholders

Institutional investors hold a significant portion of Bakkt’s shares. Here are some key points about them:

  • Horizon Kinetics Asset Management LLC holds approximately 6.33% of the shares.
  • Vanguard Global Advisers LLC owns about 3.93%.
  • Mirae Asset Global ETFs Holdings Ltd. has a stake of 2.86%.

Individual Shareholders

Individual investors also play a role in Bakkt’s ownership. Their contributions include:

  • A total of 6.28% of shares are owned by individual shareholders.
  • This group influences company decisions, albeit to a lesser extent than institutional investors.
  • Individual shareholders often have a more personal connection to the company.

Other Shareholder Categories

In addition to institutional and individual shareholders, there are other categories:

  • Intercontinental Exchange, Inc. holds a substantial 92.80% of Bakkt’s shares, showcasing its dominant position.
  • Other smaller shareholders include various investment firms and private investors.

The ownership structure of Bakkt Crypto reflects a blend of institutional strength and individual interest, which can impact its strategic direction and market performance.

Key Institutional Shareholders of Bakkt Crypto

Horizon Kinetics Asset Management LLC

Horizon Kinetics is a significant player in Bakkt’s shareholder landscape, holding 6.33% of the total shares. This translates to approximately 400,217 shares valued at around $4 million.

Vanguard Global Advisers LLC

Another major institutional shareholder is Vanguard Global Advisers, which owns 3.93% of Bakkt. This equates to about 248,527 shares, valued at approximately $2 million.

Mirae Asset Global ETFs Holdings Ltd.

Mirae Asset Global ETFs Holdings holds 2.86% of Bakkt, representing around 180,585 shares with a valuation of about $2 million.

Shareholder Name Percentage Ownership Number of Shares Valuation
Horizon Kinetics Asset Management LLC 6.33% 400,217 $4 million
Vanguard Global Advisers LLC 3.93% 248,527 $2 million
Mirae Asset Global ETFs Holdings Ltd. 2.86% 180,585 $2 million

Institutional investors play a crucial role in shaping the future of Bakkt Crypto, influencing its strategies and market presence.

These institutions not only provide capital but also bring expertise and stability to Bakkt’s operations, making them vital to its growth and success in the competitive crypto market.

Influence of Intercontinental Exchange, Inc. on Bakkt Crypto

Ownership Percentage

Intercontinental Exchange, Inc. (ICE) holds a significant stake in Bakkt Crypto, owning approximately 92.80% of the shares. This large ownership gives ICE a strong influence over Bakkt’s operations and strategic decisions.

Strategic Influence

The presence of ICE as a major shareholder means that Bakkt can leverage ICE’s extensive experience in the financial markets. This relationship can lead to:

  • Enhanced credibility in the crypto market.
  • Access to advanced trading technologies.
  • Opportunities for partnerships with other financial institutions.

Market Impact

The influence of ICE on Bakkt can also affect market dynamics. Some potential impacts include:

  1. Increased investor confidence due to ICE’s reputation.
  2. Potential for more robust regulatory compliance.
  3. Greater market stability through established trading practices.

The strong backing from Intercontinental Exchange, Inc. positions Bakkt Crypto as a key player in the evolving landscape of digital assets, making it a promising platform for both consumers and investors.

Geographical Distribution of Bakkt Crypto Shareholders

United States

The United States is home to the largest share of Bakkt Crypto shareholders, accounting for approximately 24.65% of total ownership. This significant percentage highlights the strong interest in cryptocurrency within the country.

United Kingdom

The United Kingdom follows with a smaller share of about 1.19%. This indicates a growing but still limited engagement with Bakkt Crypto among British investors.

Other Regions

Other regions contribute even less, with countries like France (0.20%), Switzerland (0.04%), Canada (0.01%), and Australia (0.01%) having minimal representation.

Region Percentage of Shareholders
United States 24.65%
United Kingdom 1.19%
France 0.20%
Switzerland 0.04%
Canada 0.01%
Australia 0.01%
  • The geographical distribution shows a clear dominance of the U.S. market.
  • Other countries are still exploring the potential of Bakkt Crypto.
  • BlackRock’s BUIDL fund becoming the largest tokenized treasury fund reflects the growing trend of digital asset management globally.

The geographical spread of Bakkt Crypto shareholders indicates where the most interest lies, with the U.S. leading the way. This trend may influence future strategies for expanding Bakkt’s reach in other regions.

Role of Individual Shareholders in Bakkt Crypto

Percentage of Ownership

Individual shareholders hold about 6.28% of Bakkt’s total shares. This percentage, while smaller than institutional investors, still represents a significant group of stakeholders in the company.

Impact on Company Decisions

  1. Voting Power: Individual shareholders can influence decisions during shareholder meetings, especially on key issues like board elections and major company policies.
  2. Feedback and Engagement: They often provide valuable feedback through surveys and forums, which can shape company strategies.
  3. Market Sentiment: The actions and sentiments of individual investors can affect Bakkt’s stock price, as they often react to news and trends in the crypto market.

Comparison with Institutional Investors

  • Ownership: Institutional investors dominate with 20.36% ownership, compared to individuals.
  • Investment Strategies: Institutions typically have more resources for research and analysis, leading to different investment strategies than individual shareholders.
  • Market Influence: Institutional investors often have a larger impact on market trends due to their significant capital and trading volumes.

Individual shareholders play a crucial role in Bakkt’s ecosystem, contributing to its governance and market dynamics. Their collective voice can influence the company’s direction, even if their ownership percentage is smaller than that of institutions.

Shareholder Type Percentage Ownership
Institutional 20.36%
Individual 6.28%
Other 4.72%
Intercontinental Exchange, Inc. 0.70%
State Street Corp. 0.33%
Unknown 67.61%

Financial Performance and Shareholder Value in Bakkt Crypto

Recent Financial Trends

Bakkt has shown some interesting financial trends over the past few quarters. Here are some key points:

  • Quarterly revenue has been increasing steadily.
  • The company reported a significant rise in user engagement on its platform.
  • Operating costs have been managed effectively, leading to improved profit margins.

Shareholder Returns

Shareholders have seen varying returns based on market conditions. Here’s a brief overview:

  • Dividends: Bakkt has not yet issued dividends as it focuses on growth.
  • Stock Performance: The stock price has fluctuated, reflecting market trends in the crypto sector.
  • Long-term Value: Investors are optimistic about Bakkt’s potential in the blockchain space.

Future Projections

Looking ahead, analysts predict:

  1. Continued growth in user adoption.
  2. Expansion into new markets.
  3. Potential partnerships that could enhance shareholder value.

Bakkt is positioned to capitalize on the growing interest in cryptocurrencies, which could lead to increased shareholder value in the coming years.

Shareholder Type Percentage Ownership
Institutional 20.36%
Individuals 6.28%
Other 4.72%
Intercontinental Exchange 0.70%
State Street Corp. 0.33%
Unknown 67.61%

Bakkt Crypto’s Position in the Blockchain & Cryptocurrency Sector

Market Position

Bakkt Crypto is a significant player in the blockchain and cryptocurrency sector. It offers a platform that connects digital assets with traditional finance, making it easier for users to buy, sell, and store cryptocurrencies. This unique position allows Bakkt to cater to both individual and institutional investors.

Competitive Analysis

In the competitive landscape, Bakkt faces challenges from other major companies. Here are some key competitors:

  • Coinbase: The largest cryptocurrency exchange with a vast user base.
  • Binance: Known for its extensive range of cryptocurrencies and trading options.
  • Kraken: Offers a secure platform for trading various digital assets.

Growth Opportunities

Bakkt has several growth opportunities that could enhance its market position:

  1. Expanding User Base: Attracting more individual investors.
  2. Partnerships: Collaborating with financial institutions to broaden service offerings.
  3. Innovative Products: Developing new financial products that leverage blockchain technology.

Bakkt’s ability to adapt to market changes and innovate will be crucial for its future success in the rapidly evolving cryptocurrency landscape.

Conclusion

In summary, Bakkt Holdings, Inc. has a diverse group of shareholders. The biggest owner is the Intercontinental Exchange, which holds a massive 92.80% of the shares. Other significant shareholders include Horizon Kinetics Asset Management and Vanguard Global Advisers, each owning a smaller portion. This mix of institutional and individual investors shows that Bakkt is appealing to a wide range of people. As the company continues to grow in the crypto market, it will be interesting to see how these ownership stakes change over time.

Frequently Asked Questions

What is Bakkt Crypto?

Bakkt Crypto is a platform that helps people buy, sell, and store cryptocurrencies easily.

Who are the main shareholders of Bakkt Crypto?

The biggest shareholders include Horizon Kinetics, Vanguard, and Mirae Asset.

How much of Bakkt Crypto does Intercontinental Exchange own?

Intercontinental Exchange owns about 92.80% of Bakkt Crypto.

Where are most Bakkt Crypto shareholders located?

Most shareholders are from the United States, followed by the United Kingdom.

What role do individual shareholders play in Bakkt Crypto?

Individual shareholders own about 6.28% of Bakkt Crypto and can influence some company decisions.

How has Bakkt Crypto performed financially?

Bakkt Crypto has shown recent financial growth, and shareholders are hopeful for future returns.

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About the Author: Eunji Lim

Eunji lim