Bakkt Q3 Financial Report: Total revenue of $204.8 million, total operating expenses of $257.6 million

ChainCatcher news, digital asset platform Bakkt released its third-quarter financial report, with total revenue of $204.8 million (including total cryptocurrency revenue and net loyalty revenue), of which total cryptocurrency service revenue was $191.8 million, and total operating expenses were $257.6 million, including cryptocurrency costs and execution, clearing and brokerage fees, as well as goodwill and intangible asset impairments. Excluding cryptocurrency costs and execution, clearing and brokerage fees, and goodwill and intangible asset impairments, expenses were $44.2 million, a year-on-year decrease of 26%.