NYSE owner wants to bring bitcoin to 401(k). Are crypto credit cards next?

[CyberMiles]

Backed by Microsoft and Starbucks, Intercontinental Exchange is launching a startup called Bakkt to make the cryptocurrency safe for your retirement fund, and maybe for retail, too.

http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup

[f12345]

Way more excited about this than silly ETF
.....
Bakkt—a play on the word ‘backed’ from the phrase ‘asset-backed securities’—is Specher’s latest venture, and aims to achieve nothing short of making bitcoin a trusted global currency by creating a federally-regulated crypto ecosystem.

This vision is supported by Microsoft, who will lend its cloud expertise; Starbucks, which will help pioneer mobile payment, and the Boston Consulting Group, who will assist ICE in forming the new company—an all-in-one bitcoin exchange for trading, custody and delivery, that will use  ICE’s existing trading infrastructure to cater to retail investors, institutional investors and consumers.

With the full force of these industry leaders behind them, the launch is planned for November,  after fourteen months of behind the scenes preparation by founder Specher and his wife Kelly Loeffler, who is Bakkt CEO.

[butterflies04]

Wow Bakkt sounds like an attempt from the corporate side of things to step into the blockchain game.  Will be interesting to see how the battle between corporations and individual entrepreneurs plays out. 

[Meysa_richa]

this is very good news, with so many big supporters for bitcoin I think this can make bitcoin have a high price for the future.

[Erga Di Kenesis Lascrea]

This is good news for bitcoin and another digital currencies again . If they want to secure bitcoin for all people that's good. Little by little every people start to support bitcoin.

[unorowest]

Backed by Microsoft and Starbucks, Intercontinental Exchange is launching a startup called Bakkt to make the cryptocurrency safe for your retirement fund, and maybe for retail, too.

http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup

This is good news for all Crypto lovers, if this succeeds, then we are all in for a fruitful reward, but I think the 401k price tag is way too optimistic, maybe we take it as it comes.