Bakkt will launch an encrypted electronic communication network powered by Crossover Markets

Bakkt, a digital asset company owned by the Intercontinental Exchange (ICE), has announced that it will use Crossover Markets to help support the upcoming crypto-electronic communications network (ECN) "BakktX" to meet institutional needs, which provides institutional and professional traders with match latency of less than 10 microseconds, customizable and tailored liquidity flows, and significantly lower transaction costs than existing cryptocurrency brokers and exchanges.