Distributed Technologies Research Acquired by Bakkt | Financial Services M&A Deal

Bakkt has completed the acquisition of Distributed Technologies Research, a payments processing business in Georgia, for $44. Bakkt acquires Distributed Technologies Research to expand stablecoin payments infrastructure and agentic payments capabilities for institutions and fintechs. Distributed Technologies Research provides an AI-native engine and compliance stack that can integrate with Bakkt’s regulated, institutional rails to support 24/7 digital settlement. The financial services M&A deal is an add on acquisition by a public company, part of Bakkt acquisitions and GA acquisitions, with deal consideration structured as Bakkt Class A common stock.