Manasquan Bank Selects Bakkt to Offer Retail Clients Access to Cryptocurrency
December 21, 2021 at 08:32 am
Bakkt Holdings, Inc. announced that Manasquan Bank, a NJ-based mutual community bank with total consolidated assets of $2.7 billion, will be participating in its early adopter program, which, when effective, will allow the banks retail clients to buy, sell and hold cryptocurrency through the banks mobile banking app. Manasquan Bank will be making cryptocurrency access simple and approachable within the digital banking environment their clients know and trust, while ensuring the bank is participating in this expanding space with the opportunity to break into new audience segments. Bakkts modern digital asset platform allows banks to plug and play a crypto buy/sell/hold module which provides end clients with a seamless set up and quick access to multiple cryptocurrencies. Bakkt leverages a regulatory-first approach to safely and securely custody these assets.