Digital asset company Bakkt has completed its acquisition of stablecoin infrastructure company Distributed Technologies Research (DTR) through an equity transaction, issuing more than 11.3 million shares to its holders, with a possible additional 725.6k shares. The deal was previously announced in January 2026 and initially involved 9.3 million shares. Meanwhile, the company also announced a rename to Bakkt Inc. Bakkt CEO Akshay Naheta said the move is intended to integrate Bakkt’s institutional infrastructure with DTR’s artificial intelligence payment engine and stablecoin technology to build a 7×24 hours digital settlement layer. (Cointelegraph)

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