According to PANews, Bakkt is at risk of being delisted from the New York Stock Exchange as its share price fell below the $1 threshold. Bakkt issued a press release on Wednesday saying it had received notice from the New York Stock Exchange stating that “the company does not comply with Section 802.1 C of the NYSE Listed Company Manual. As of March 12, 2024, the company The average closing price of the Company's Class A common stock during the 30-day trading period is less than $1.00 per share." Bakkt shares closed at $0.5978 on Wednesday, with a market capitalization of only $80 million, well below the $40 per share trading price in October 2021. Bakkt is a cryptocurrency platform created and two-thirds owned by Intercontinental Exchange (ICE).