ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT) a digital asset platform that unlocks crypto and drives loyalty to create delightful, connected experiences for a broad range of customers, today announced that Sullivan Bank has partnered with Bakkt to leveraging Bakkt® Crypto Connect to soon enable Sullivan Bank customers to buy, sell and hold bitcoin and Ethereum.
“We are excited to partner with Sullivan Bank to offer their customers the ability to purchase bitcoin and ether in their trusted digital banking app,” said Mark Elliot, Head of Marketing and Sales, Bakkt. “To make the experience seamless for Sullivan Bank and its customers, we bring the full power of Bakkt’s platform including compliance, tax reporting, education resources and customer care.”
“We are pleased to provide opportunities for clients to access a growing and increasingly in-demand asset class with security and regulatory peace of mind,” said Mallory Farrell, Chief Operating Officer. “Bakkt’s innovative platform will facilitate this new capability within our existing banking platform, and customers will be able to view their crypto balance along with their checking and savings balance in the same place.”
Founded in 1895, Sullivan Bank serves its communities with a mission to build strong customer relationships, improve services and explore new opportunities for customers. This partnership with Bakkt is in line with Sullivan Bank’s mission to bring new opportunities to their SulliFam and better serve their needs and increase engagement.
Given the current landscape of growing interest in cryptocurrency, Bakkt® Crypto Connect offers financial institutions the tools to meet consumer demand and provides crypto access to customers without leaving their banking institution.
Crypto-assets are not FDIC-insured products and may lose value.
About Bakkt:
Bakkt is a digital resource platform that unlocks crypto and drives loyalty to create delightful, connected experiences for a wide range of customers. Bakkt’s platform, accessible through the Bakkt app and to partners, amplifies consumer spending and strengthens loyalty programs, adding value for all key stakeholders within Bakkt’s payments and digital assets ecosystem. Bakkt was launched in 2018 and is headquartered in Alpharetta, GA. For more information, visit: | Twitter @Bakkt | LinkedIn
About Sullivan Bank
Sullivan Bank is a comprehensive financial institution, founded in 1895. They accredit their long and ongoing success to their Step-Up in SERVICE customer experience and their core values. They understand the important role they play in the lives of their employees and customers and aim to create a culture that embodies loyalty and service. To do so, they have included everyone associated with the bank to be part of their SulliFam. Creating a family with the friendliest faces and the most competitive products, that’s what a Step-Up in SERVICE is all about.
For more information, visit:
Bakkt-C
Source: Bakkt Holdings, Inc.
