Bakkt's stock price surged 20% following the announcement of an acquisition targeting a stablecoin infrastructure company. What makes this move particularly interesting is that the firm being acquired was founded by one of Bakkt's co-CEOs, signaling strong confidence in the stablecoin infrastructure sector.

The market's positive reaction reflects growing interest in blockchain payment rails and digital currency infrastructure. Stablecoin infrastructure plays a critical role in enabling faster, cheaper cross-border transactions and strengthening the backbone of crypto financial ecosystems.

This acquisition demonstrates how major players are doubling down on building core infrastructure for digital assets. As the stablecoin market matures, infrastructure providers are becoming increasingly valuable to the broader Web3 economy.