Clients of the site will be able to add virtual cryptocurrency cards to Google Pay and make payments in digital currencies
Cryptocurrency platform Bakkt announced a partnership with Google. Bakkt users will be able to add their virtual cryptocurrency cards to the Google Pay payment system and make payments for goods and services in cryptocurrency. When paying, the cryptocurrency will be converted to fiat.
Bakkt Partners with Google to Introduce Digital Assets to Millions of Consumers https://t.co/HyxoTe1fGO pic.twitter.com/3jK2mgMhcP
— Bakkt (@Bakkt) October 8, 2021
Bakkt also plans to use the cloud solutions platform Google Cloud to create an analytical service using artificial intelligence and machine learning technologies.
Bakkt was launched by New York Stock Exchange operator Intercontinental Exchange in 2018. In the fall of 2019, it introduced its main product – deliverable bitcoin futures.