Today Bakkt, a Bitcoin and crypto market and custodian, announced a partnership with Google to prolong the “reach and usability of digital assets to meet rapidly evolving consumer demand.”
Bakkt customers will now give you the option to add their digital Visa Debit playing cards into Google Pay to buy items and companies in-store and on-line, wherever Google Pay is accepted. Bitcoin funds can be transformed into fiat to make these purchases.
“This partnership is a testament to Bakkt’s strong position in the digital asset marketplace, to empower consumers to enjoy their digital assets in a real-time, secure, reliable manner,” commented Gavin Michael, Bakkt CEO.
He continued, “Additionally, partnering with Google Cloud will enable us to continue to build a best-in-class, innovative platform that can undoubtedly scale to meet the needs of millions of users.” The potential attain of the partnership is maybe essentially the most notable facet for the Bitcoin community, which has loved a surge in company and institutional curiosity over the previous 12 months.