Thank you for being a part of the Swan Mission!
Texas Swans! We are excited to share some important updates for our Texas clients. In September, Swan announced that we would partner with Bakkt for Bitcoin-related trading, liquidity, and custody services. We are in the final stages of delivery, and we plan to onboard current and new Texas clients shortly and have full trading capabilities in Q1 of 2024.
We are excited to be serving the Lone Star State again! Below is more information on the migration.
Where will the Bitcoin purchased on the Bakkt platform be stored?
Bakkt is a public company listed on the NYSE. It was founded and is majority-owned by Fortune 500 company Intercontinental Exchange, Inc., the New York Stock Exchange parent organization. Bakkt uses a number of qualified custodians to store Bitcoin until you withdraw it.
How can Swan Bitcoin clients stay updated on the progress of the onboarding process and trading capabilities?
We will inform you about the progress and updates regarding the onboarding process and trading capabilities through our official communication channels. Please keep an eye on our emails, website announcements, and social media platforms for the latest news.