Crypto-focused platform Bakkt is about to launch its services in Q3 this year, the Block reports citing a source familiar with the matter.
Bakkt is still waiting on approval from the New York Department of Financial Services to operate its so-called "Bakkt Warehouse" so far.
However, the source notes that there is no guarantee the company will stick to that deadline.
"The future is different from the warehouse, but the product depends on the warehouse," the unknown source added.
Previously iHodl reported that Bakkt started its tests with bitcoin futures. According to Bakkt, customers from all over the world are taking part in the test of daily and monthly bitcoin contracts.
Bakkt was founded by the Intercontinental Exchange Inc., to offer a platform that allows customers to buy, sell, store and spend digital currencies.
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