The worldwide cryptocurrency regulatory atmosphere is bettering and the corporate is eyeing retail growth on the continent, mentioned Dan O’Prey, chief product officer of Bakkt. General, O’Prey noticed constructive long-term developments.

Talking to Cointelegraph’s US editor Sam Bourgi in 2023, O’Prey described Bakkt as prioritizing its position as a “B2B2C” enterprise over the previous two years. As such, he has seen “a good portion of the key institutional curiosity” centered on Bitcoin (BTC), regardless of the results of the collapse of the FTX cryptocurrency trade. He mentioned:

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