Publicly listed Bitcoin firm Bakkt has agreed to pay the sum of $200 million as it looks to acquire Apex Crypto LLC, a subsidiary of Apex FinTech Solutions Inc.
By being a part of the Bakkt brand, Apex Crypto will help to bolster the business operations of the parent firm, drawing on its unique infrastructure to help bridge the gap between companies in the mainstream sector and those in crypto.
According to the terms of the deal, Bakkt will be paying the sum of $55 million in cash outright while paying $45 million when Apex Crypto meets its financial targets for the end …
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