The crypto custodian and Quiznos will allow customers at select Denver locations to purchase items with the cryptocurrency.
New functionality allows users to email crypto assets to people who don’t use the app.
The new partnership will mean bitcoin and loyalty points can be used to buy items at more than a million Cantaloupe retail devices.
The launch of its flagship consumer product was originally expected for early 2020.
The bitcoin-focused subsidiary of Intercontinental Exchange was awarded both virtual currency and money transmitter licenses.
Earlier this month, America’s oldest bank said it was using outside partners for its crypto custody service but did not name names.
The combined company will be called "Bakkt Holdings" and will be listed on the New York Stock Exchange with an expected valuation of $2.1 billion.
A deal could be announced as soon as next week, the report said.
Trading volume in physically delivered bitcoin futures listed on Intercontinental Exchange's Bakkt platform surged to record highs on Tuesday.
Institutional interest is driving Bakkt's bitcoin futures volumes up, but its options market has remained quiet.
Open interest for Bakkt's bitcoin options market has stayed at $0 since June 15.
BlockFi is adding a former Bakkt and Microsoft employee to their lineup to take charge of the firm's security.
Bakkt and Galaxy Digital plan to offer a "white glove" trading and custody solution targeting institutions this year.
FalconX brought in an equivalent to Facebook's 2005 Series A while Grin flounders and a16z asks if crypto's on the cusp of a boom period.