According to PANews, Bakkt, a cryptocurrency platform created and owned by Intercontinental Exchange (ICE), is at risk of being delisted from the New York Stock Exchange (NYSE) due to its stock price falling below the threshold of $1. On Wednesday, Bakkt issued a press release stating that it had received notice from the NYSE that the company was not in compliance with Section 802.1 C of the NYSE Listed Company Manual. Indeed, as of March 12, 2024, the average closing price of the Company's Class A common stock was less than $1.00 per share during a consecutive 30-day trading period.

Bakkt's stock price closed on Wednesday at $0.5978, with a market value of just $80 million, well below the stock price of 40,$ per share in October 2021. Bakkt is a crypto-platform currency created by ICE and holds two-thirds of its shares.