Vpc Specialty Lending In... Share Discussion Threads

[epistrophy] 25/10/2021 17:15

Ah their other SPAC. Thanks.

[epistrophy] 25/10/2021 17:08

waterloo: what is the Mark Cuban connection please?

[epistrophy] 25/10/2021 17:05

I actually think some of this is spillover from the DWAC madness. Difficult to say how long the exuberance will last.

[waterloo01] 25/10/2021 16:48

See Mark Cuban involved. I still don't see that much in the share price for it, as yet, a penny or two maybe

[killing_time] 25/10/2021 16:00

Bakkt Holdings Inc. shares were up 25% to $11.47 after the company said it was working with Mastercard Inc. to make it easier for merchants, banks and fintechs in the U.S. to use and offer a broad set of cryptocurrency solutions and services.

Bakkt said it was extending Mastercard's ecosystem of cryptocurrency partners, enabling Crypto-as-a-Service, which provides quick access to cryptocurrency capabilities.

Through Mastercard's network and Bakkt's digital asset platform, Mastercard partners will be able to offer cryptocurrency solutions. These include the ability for consumers to buy, sell and hold digital assets through custodial wallets powered by the Bakkt platform and streamlined issuance of branded crypto debit and credit cards.

Mastercard also will integrate crypto into its loyalty solutions, enabling its partners to offer cryptocurrency as rewards and create fungibility between loyalty points and other digital assets.

Bakkt became a publicly listed company on the NYSE last Monday.

Write to Chris Wack at [e-mail]

[cwa1] 25/10/2021 15:57

You mean we can't shift it this afternoon? ;-))

[chucko1] 25/10/2021 15:55

How long are they still locked into this for? Isn't it January?

[cwa1] 25/10/2021 15:35

Crazy, mad, stuff :-0

[epistrophy] 25/10/2021 15:21

Now above $15. From SPAC to Stonk. These markets are so stupid.

[chucko1] 25/10/2021 14:33

It was cited on one of the lunatic boards in the US. Like DWAC, though not to the same extremity.

[killing_time] 25/10/2021 14:18

Ok now its quoted $13.50 pre market, up 46%, somethings happening.

Also noted someone bought a nice chunk of VSL.

[killing_time] 25/10/2021 13:51

I notice BKKT is up over 8% pre-market. Quoting $9.96

[epistrophy] 20/10/2021 10:42

It's no longer a SPAC! VIH now trading as BKKT.

Down to $8.66 at present.

[waterloo01] 20/10/2021 10:12

So where are they with the SPAC?

[scrwal] 13/10/2021 12:31

VSL discount current values on these sort of holdings by 40%.

[waterloo01] 12/10/2021 13:47

Not sure much is in the price of VSL either way, so more upside if it does well than downside, as far as I can see

[epistrophy] 12/10/2021 13:45

Well it's a crypto business with minimal revenue, and a SPAC... which should make anyone nervous. The institutional part of the business seems interesting at first, but it has minimal revenue, and volume has dried up this year. They are now focused on a consumer app which looks to combine bitcoin trading with loyalty points.

To be clear, I'm suggested that VIH is likely to tank, not VSL.

Edit: Yes it might "stonk" too :-)

[williamcooper104] 12/10/2021 13:41

spac is a stonk or a tank or both :)

[redhill9] 12/10/2021 11:00

Any specific reason for thinking it will tank, or are you just nervous?

[epistrophy] 11/10/2021 19:40

I think it probably tanks. But SPACs can be crazy volatile around merger and anything could happen in the short term...

[waterloo01] 11/10/2021 18:35

What are you expecting?

[epistrophy] 11/10/2021 18:24

Interesting VIH price action ahead of the merger on Thursday.