Bakkt makes new moves in the stablecoin payment field. This payment infrastructure provider recently reached an acquisition agreement with Distributed Technologies Research Ltd. (DTR), aiming to strengthen its stablecoin settlement capabilities and programmable payment solutions through this merger and acquisition.

According to the terms of the deal, Bakkt will issue approximately 91.29 million Class A common shares to DTR shareholders, representing 31.5% of the committed shares. The transaction is still under approval and requires final approval from regulatory authorities and existing shareholders to take effect.

From a strategic perspective, Bakkt's acquisition to build a stablecoin payment system is clearly laying the groundwork for its 2026 business plan. As stablecoin application scenarios become increasingly mature, projects with settlement infrastructure are expected to gain stronger competitiveness in the next cycle.