On March 10, Axios reported that Apex Fintech, a financial technology company that focuses on embedding stock trading into applications, was considering acquiring Bakkt, a crypto platform originally spun off from the Intercontinental Exchange (ICE). It is worth noting that this potential acquisition comes two years after Bakkt acquired Apex's crypto business in 2022 for up to $200 million. At the time, the deal appeared to be driven by the Biden administration's strict supervision. Bakkt's shares rose about 15% to $14.86 in morning trading after the Axios report was released, and market attention rose sharply.