Bakkt Holdings Sells Loyalty and Travel Redemption Business to Project Labrador Holdco
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Bakkt Holdings, Inc. has sold its loyalty and travel redemption business to Project Labrador Holdco, LLC, a subsidiary of Roman DBDR Technology Advisors, Inc. The transaction was finalized on October 1, 2025, after an agreement on July 23, 2025. The divested business lines are now reflected as discontinued operations in Bakkt’s financial statements.
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