Bakkt SPAC Is a New Way to Invest in Bitcoin -- Here's What You Need to Know

Intercontinental Exchange (NYSE: ICE) recently tapped this method in order to place a public value on one of its subsidiaries. Intercontinental Exchange recently announced that it will take its Bakkt subsidiary public via a SPAC transaction. In this transaction, Intercontinental Exchange will merge Bakkt with VPC Impact Acquisition Holdings (NASDAQ: VIH), a SPAC sponsored by Victory Park Capital.