On the Record · Bakkt

Bakkt acquisitions, on the record

The businesses Bakkt bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Apex Crypto LLC (renamed Bakkt Crypto Solutions, LLC) Word for word“On April 1, 2023, we completed the acquisition of 100% of the ownership interests of Apex Crypto LLC (“Apex Crypto”) and subsequently changed the name of the legal entity to Bakkt Crypto Solutions, LLC (“Bakkt Crypto”).” 10-K for 2023	acquisition	April 1, 2023	—
Bumped Financial, LLC (renamed Bakkt Brokerage, LLC) Word for word“On February 8, 2023, we acquired 100% of the units of Bumped Financial, LLC, which we subsequently renamed Bakkt Brokerage, LLC ("Bakkt Brokerage"), a broker-dealer registered with the SEC and the Financial Industry Regulatory Authority, Inc., for cash consideration of $0.6 million.” 10-K for 2023	acquisition	February 8, 2023	$0.6 million
DTR Word for word“On March 19, 2025, we entered into the Cooperation Agreement, pursuant to which, among other things, DTR agreed to provide us with certain exclusive payment processing technology, application programming interfaces, and infrastructure to be integrated into our platform for the enablement of global payments processing services in the jurisdictions where we or our affiliates operate.” 10-K for 2024	agreed acquisition	March 19, 2025	—
Distributed Technologies Research Global Ltd. Word for word“For example, on January 11, 2026, we entered into a share purchase agreement to acquire DTR, subject to the satisfaction or waiver of customary closing conditions, including stockholder and regulatory approvals and the absence of any order or law prohibiting consummation of the transaction.” 10-K for 2025	agreed acquisition	January 11, 2026	—
Loyalty business Word for word“On October 1, 2025, Bakkt completed the sale of the Loyalty business to Project Labrador Holdco, LLC, a wholly owned subsidiary of Roman DBDR Technology Advisors, Inc. (the “Purchaser”).” 10-K for 2025	divestiture	October 1, 2025	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Goodwill from acquisitions
2020-12-31	$216.6 million
2022-12-31	$0
2023-12-31	$52.1 million
2024-12-31	$0

Deal filings since 2016

2026-04-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2026-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-01-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-01-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-10-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-10-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-10-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2025-08-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-07-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-07-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-06-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-03-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-03-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-04-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2022-11-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-07-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-05-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-10-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-10-21 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-09-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-03-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-01-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-09-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Bakkt’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.