Mike Blandina, Bakkt’s CEO since December 2019, will be stepping down from the role, CoinDesk has learned.
Bakkt aims to offer cash-settled bitcoin futures before 2020 to complement its physically settled contracts.
Bakkt COO Adam White said retail investors will be able to trade its newly launched bitcoin futures, which posted a lackluster first day.
Bakkt will begin user testing of its bitcoin futures contracts on July 22, revealing new contract specifications on Thursday.