Bakkt, a digital asset company, has announced its plans to launch a new trading network called BakktX, which will be powered by Crossover Markets' cutting-edge technology. This move is aimed at providing institutional traders with a more efficient and cost-effective platform. The BakktX network promises to offer ultra-low latency, customizable liquidity flows, and significantly lower trading costs than existing cryptocurrency brokers and exchanges.

By leveraging Crossover Markets' technology, Bakkt aims to provide a highly efficient trading environment that meets the specific needs of institutional and professional traders. The BakktX network is designed to offer matching delays of less than 10 microseconds, allowing for faster transaction times. Additionally, the network will provide customizable and tailor-made liquidity flows, giving traders more control over their trading experience.

Bakkt's decision to introduce the BakktX network is a strategic move to attract a wider range of institutional and professional traders to its platform. By offering lower trading costs and faster transaction times, Bakkt aims to establish itself as a leader in the digital asset space. The use of Crossover Markets technology is expected to significantly enhance the performance and efficiency of the BakktX network, providing traders with a seamless and reliable trading experience.

The introduction of the BakktX network is a testament to Bakkt's commitment to providing innovative solutions in the digital asset space. By offering a platform that meets the specific needs of institutional and professional traders, Bakkt aims to establish itself as a go-to destination for traders looking for a more efficient and cost-effective way to trade digital assets.

The launch of the BakktX network is expected to have a significant impact on the digital asset space, providing traders with a more efficient and cost-effective way to trade. With its cutting-edge technology and customizable features, the BakktX network is poised to become a leading platform for institutional and professional traders.