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MarketsMedia: Those who need to hedge their positions, such as miners, payment processors, and crypto hedge funds, may find Bakkt’s physical settlement attractive, according to Richard Johnson.

Bloomberg: “It is only a small iteration from where we are today. … The additional transparency I think will be welcomed by most, but many market participants were left wanting more,” said Kevin McPartland.

Financial Times:Kevin McPartland said: “It’s an encouraging step forward for the US Treasury market, although many are still left wanting levels of transparency more in line with other regulated markets.”

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