Bakkt promotes chief product officer Mike Blandina to CEO 

Quick Take

  • Bakkt has named a new CEO to succeed Kelly Loeffler
  • The firm has promoted its chief product officer, Mike Blandina, to CEO
  • Jeffrey Sprecher, founder, chairman and CEO of ICE, said: “As CEO, Mike will chart Bakkt’s strategic direction, payment products and markets”

Bakkt, a bitcoin-focused subsidiary of Intercontinental Exchange (ICE), has promoted its chief product officer Mike Blandina to chief executive officer (CEO).

Blandina has succeeded Kelly Loeffler, who was officially appointed to the U.S. Senate earlier this month by Georgia Governor Brian Kemp. Blandina assumed the new role on Dec. 20.