Bakkt Holdings (BKKT) has added fintech veteran Mike Alfred to its board of directors, aiming to accelerate its next-generation financial infrastructure initiatives, according to an announcement on Monday morning. Alfred’s appointment enhances governance as Bakkt seeks to redefine digital asset trading, stablecoin payments, AI agents, and institutional Bitcoin services.
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Currently a director at IREN and other fintech and advisory firms, Alfred will support Bakkt CEO Akshay Naheta as the company executes on its growth roadmap. “Mike’s proven reputation in the digital asset ecosystem will be critical as we deliver long-term value for shareholders,” Naheta said.
Founded in 2018 and headquartered in New York, Bakkt provides institutional-grade trading and on-ramp solutions for digital assets. The company has been expanding its product suite across futures, custody and payments, targeting sustainable, long-term engagement in the evolving crypto economy.
BKKT shares were up 40% during pre-market hours shortly after the announcement.
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