- Bakkt has announced 8 new vacancies
- The company has twice postponed launching
- The launch is expected early this year
The cryptocurrency company owned by the International Exchange (ICE), Bakkt, is hiring upper management staff. It has long been expected that the company will finally roll out its cryptocurrency arm.
Bakkt Building its Workforce
The announcement came through an official Tweet on January 22, 2019, announcing the company was hiring. The announcement published on their official Twitter page showed a list of at least eight new vacancies at the company. The new staff will all be based in the company’s Atlanta, New York City. However, there are a few positions that will be located in Hong Kong, Tokyo, San Francisco, London, Tel Aviv, and Singapore.
We're hiring: https://t.co/CZ86BflOe4
— Bakkt (@Bakkt) January 22, 2019
According to the announcement, the company will be mostly hiring several developers who will work at the director and senior levels. The New York Stock Exchange (NYSE) owned cryptocurrency platform will be hiring a director of blockchain engineering, a director of security engineering, a blockchain developer, a mobile developer, a senior full stack engineer besides a software development engineers. Bakkt will also look for an institutional sales member and a director of finance.
Bakkt has become a highly expected crypto platform which has been on a hiring spree and trying to fill up key leadership positions before its launch at an undisclosed date this year. The company, according to LinkedIn hired a technical product manager and a product engineering director in December 2018.
Similarly, the company hired a head of technology in September 2018, picking Balaji Devarasetty who was hitherto the vice president of payments and technology at Vantiv, an Ohio-based financial services provider. When the company’s CEO Kelly Loeffler announced the start of the hiring last November, he stated:
“We are focused on building a nimble, entrepreneurial team with a focus on serving our customers and delivering results. Key success factors in our culture include collaboration, problem solving, communication, integrity, and professionalism and leadership.”
The Bakkt cryptocurrency platform is a fully owned subsidiary of the International Exchange (ICE), which is the parent company of the New York Stock Exchange (NYSE). The company recently secured its first round of fundraising where it collected over $182 million from at least 12 partners that included Microsoft among others.
Bakkt had planned to launch its physically backed Bitcoin Futures, which had been postponed once before, on December 24, 2018, but was forced to push it forward again because of the lengthy approval process by the Commodity Futures Trading Commission (CFTC). The new spate of hiring is a sign that the company expects to launch soon.