Bakkt board member David Clifton steps down after years of service

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Bakkt and ICE Strengthen Long-Term Alignment Through Board Transition

October 31, 2025 4:30 PM EDT

NEW YORK, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Bakkt Holdings, Inc. (Bakkt or the Company) (NYSE: BKKT) announced today that David Clifton, an ICE executive and a founding member of Bakkts Board, has stepped down from his position on the Companys Board, following years of service in establishing and guiding the Companys foundation.

Jeff Sprecher, Founder, Chair and CEO of ICE, commented, ICEs support for Bakkt has never been stronger. Under Akshay Nahetas leadership and with Bakkts proven regulatory and technological foundation, we believe Bakkt is well-positioned for long-term success.

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