Bakkt's acquisition of digital asset custodian company DACC in April may cost $11 million

According to The Block, the second quarter report of the Intercontinental Exchange (ICE) showed a total of $352 million in mergers and acquisitions. Considering that ICE paid $322 million for Simplifie, and Bakkt might pay $19 million for RCG in the first quarter, leaving $11 million in outstanding amounts. An analysis of the second quarter financial documents of the Bakkt parent company Intercontinental Exchange (ICE) shows that in April Bakkt may acquire digital asset custodian company DACC for $11 million. Bakkt and the Intercontinental Exchange (ICE) refused to confirm this figure.