Bakkt has connected its payments business to the Fireblocks Network for Payments, giving it access to a network that processes over $200 billion in stablecoin transactions each month. The announcement was dated October 30, 2026, and Fireblocks highlighted the development on November 5, 2026.
What the integration does
The integration is primarily about distribution. Bakkt’s payments platform now sits on the Fireblocks Network for Payments, which links payment service providers (PSPs), fintech firms, and banks. Under this setup, Bakkt retains control over its own payment product while gaining a path to counterparties already active on Fireblocks’ network.
The move is intended to help Bakkt extend its payment corridors—the routes money travels between countries or currencies. More corridors mean more places Bakkt can move funds for clients. Bakkt can also manage its payment operations from a single console.
According to the announcement, Bakkt worked to integrate its payment technology stack over the prior month. Sam Auch, Senior Vice President of Commercial U.S. at Bakkt, said the integration streamlines the company’s services and gives clients one unified platform for distribution and connectivity.
A partnership that started with custody
Bakkt and Fireblocks have been working together since 2023. That year, Bakkt chose to rebuild its custody infrastructure using Fireblocks’ multi-party computation (MPC) key management and policy controls, described as an on-prem MPC deployment.
The relationship deepened in 2025 when Bakkt added the Fireblocks Trust Company, a qualified custodian regulated by the New York Department of Financial Services (NYDFS), to secure long-term assets. The progression runs from custody technology in 2023, to regulated custody in 2025, to payments in 2026.
Where DTR fits in
The payments business Bakkt is plugging in did not exist in its current form a year ago. Bakkt acquired Distributed Technologies Research (DTR), an EU-based payments infrastructure provider, in early 2026. That acquisition gave Bakkt a payments platform to build on, and the Fireblocks integration now gives that platform a larger network to sell into.
