Former SoftBank dealmaker joins crypto trading platform Bakkt as co-CEO
Ex-SoftBank official Akshay Naheta takes the helm as co-CEO of Bakkt to help revitalize the struggling crypto trading platform.
Akshay Naheta, a former SoftBank executive, has joined Bakkt as co-chief executive officer, signaling an effort to turn around the struggling American crypto trading and custody platform.
In a March 19 press release, the company said that Naheta, who will also join Bakkt’s board, will work alongside Andy Main, Bakkt’s current CEO. Prior to joining Bakkt, Naheta founded Distributed Technologies Research, a firm focused on building global payments infrastructure.
“We believe that Akshay joining the leadership team and integration of DTR’s technology with Bakkt will propel us from a…