SHARE Bakkt LLC, a digital asset startup founded by New York Stock Exchange owner Intercontinental Exchange Inc., today announced plans to go public via a special-purpose acquisition company, the latest startup to take the SPAC route. The plans to go public involve a company listed on the Nasdaq called VPC Impact Acquisition Holdings, a SPAC sponsored by Victory Park Capital. The combined companies will be renamed Bakkt Holdings Inc. and will be listed on the New York Stock Exchange despite the SPAC currently being listed on the Nasdaq. The combined companies will list with an expected valuation of $2.1 billion. As part of the deal, Bakkt will raise an additional $532 million from Victory Park Capital. The funding will be used to support the development and marketing of the Bakkt App, an as-yet launched application that will allow Bakkt users to manage their digital assets holdings.