BlockBeats News, March 18th, Cryptocurrency exchange and custody company Bakkt Holdings (BKKT) revealed that Bank of America (BAC) and Webull Pay have both decided not to renew, causing the stock price to plummet 35% in after-hours trading on Monday to $12.83. According to the agreement, Bank of America's contract will end on April 22nd, while Webull's partnership will conclude on June 14th. Furthermore, Bakkt has applied to the U.S. Securities and Exchange Commission (SEC) for an extension to file its 2024 annual report.
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