Bakkt Brings in New Interim CEO, David Clifton

Bakkt, one of the first platforms to start offering Bitcoin Futures, has just brought on a new Interim CEO, according to a post from the company.

This new CEO’s name is David Clifton, and he will be replacing Mike Blandina who is leaving. Clifton has been a part of ICE, Bakkt’s parent company, since 2008. His most recent position there was as Vice President of M&A and Integration.

Speaking on the matter is Jeffrey Sprecher, the Founder, and Chairman of ICE:

“David Clifton has been deeply engaged in many of our most important initiatives over the years and, after helping to lead the acquisition of Bridge2 to accelerate the rollout of Bakkt’s consumer application, I know he will provide outstanding leadership for Bakkt as its Interim CEO. I also want to express our gratitude to Mike Blandina for his work to help grow Bakkt during an important transformational period for the company and wish him all the best in his new endeavor.”

Recently, Bakkt’s former CEO Kelly Loeffler was accused of improper trading practices, as InsideBitcoins has previously reported on. Loeffler, who is now a Senator, was accused of selling 27 stocks ahead of time that were related to the coronavirus before it became the ordeal that it is today.