Bakkt Holdings, Inc., a digital asset marketplace, has announced its role as a key agent in Unchained's enterprise collaborative custody product, enhancing security for bitcoin holders. This strategic partnership allows Bakkt to act as an institutional signatory for Unchained customers utilizing multi-signature vaults. The collaboration is aimed at providing a more secure method for institutions to safeguard their bitcoin assets, especially during times of regulatory uncertainty. Unchained's CEO and co-founder, Joe Kelly, expressed that Bakkt's status as a regulated custodian makes it a suitable addition to their network.
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