Oddbean new post about login | logout Swan moving from Fortress to Bakkt. 🤔
Probably a good move. Fortress is fucked
Bakkt was founded by and is 55% owned by Intercontinental Exchange, which also owns the New York Stock Exchange. -Wikipedia nostr:nevent1qqs2agg37sn5zwmd44cnvcaeemrxm0azctsgfhkssdjhyp3eylm3r4gpz3mhxw309ucnydewxqhrqt338g6rsd3e9upzp57hgyjdm76mm3sm3uvdzlpnxkamf7x8zxp2xhhzwv22fxjwk7caqvzqqqqqqy40r4xa
I listened to a pod with a guy from bakkt a while ago. I was surprised they are still around, because I remember all the excitement about them like 5 years ago when people were saying they would bring institutions in. I expected them to have disappeared like most others but looks like they have a good product and smart team, so the move by swan isn't too surprising.
What's happening there? I had a good experience with hem when I joined their exchange back in May. Around August, it fell apart and couldn't use it. I can use it now again, but the withdrawal experience is as shitty as they come. I never wanna use them again. As soon as I withdraw that 0.03% I have there, I'm out.
