Indeed, it still sounds preposterous. Almost as preposterous as ICE’s plan to build out Bakkt to serve as the backbone of the entire cryptocurrency ecosystem.  Don’t sleep on ICE. In its earliest days ICE grew quickly, expanding with the acquisition of London-based International Petroleum Exchange in 2001, then the New York Board of Trade in 2005. In 2008, ICE launched a clearinghouse for credit default swaps following the financial crisis. Two years later, Bloomberg News dubbed Sprecher “The Sultan of Swaps” for quickly growing the business to clear $10 trillion by 2010.  To be sure, in some ... (full story)