02/11/2019 08:22

Release： 02/11/2019 08:22

Update： 04/08/2021 02:35

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ICE's Q4 earnings briefing is held! CEO speaks about expectations for the cryptocurrency exchange Bakkt (Bakkt)

Parent company ICE of the New York Stock Exchange's fourth-quarter earnings

ICE (Intercontinental Exchange) held its fourth-quarter earnings call, revealing that net revenue for the quarter reached a record high of $1.3 billion (about 140 billion yen),

a roughly 14% profit increase year over year.

In response, ICE's CFO (Chief Financial Officer) Scott Hill commented the following, fueling expectations for Bakkt, which ICE invested heavily in last year.

Looking ahead to FY2019 and beyond, not only core businesses but also opportunities from new initiatives like Bakkt, which raised $180 million in its initial funding round starting with mortgage lending and bond businesses, are something we can hardly wait to see.

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