Bakkt Taps Former IBM and Cisco Exec Tom Noonan to Chair Its Board
Bakkt has tapped a former Cisco and IBM government to guide its board of administrators, in keeping with an announcement Friday. Chairing Bakkt’s board could be Tom Noonan, described as “a cyber expert” and the founding father of Internet Security Systems (which IBM acquired in 2006), JouleX (which Cisco obtained in 2013) and Endgame. He might be followed by using Akshay Naheta, dealing with partner at Softbank; Sean Collins, coping with partner at Goldfinch Partners; ICE CEO and chairman Jeff Sprecher; and Kelly Loeffler, Bakkt’s head. Noonan is already a member of ICE’s very own board of directors. Once accepted via the Commodity Futures Trading Commission (CFTC), Bakkt’s bodily settled bitcoin futures contracts could be listed on ICE Futures US and ICE Clear US, “wherein global market members already transact,” Loeffler wrote in a blog publish Friday. “The rate discovery characteristic in those new bodily transport markets must make a contribution to constructing self belief