A variety of digital assets, including several well-known decentralized finance (DeFi) tokens, have been mass-delisted by Bakkt, the cryptocurrency division of Intercontinental Exchange, as a result of regulatory guidelines and market events.
The digital asset company Bakkt has removed 25 of the 36 crypto coins listed on its newly purchased trading platform Apex Crypto.
The complete list of tokens that have been delisted is Aave (AAVE), Avalanche (AVAX), Bancor Network Token (BNT), Basic Attention Token (BAT), Chainlink (LINK), Chiliz (CHZ), Compound Token (COMP), Cosmos (ATOM), Curve DAO (CRV), Enjin Coin (ENJ)
A spokeswoman for the exchange stated, “Following the closing of our acquisition of Apex Crypto and as part of our regular coin listing review process, we have made the decision to delist several coins on the platform.”
“Our core commitment is to serve our clients’ and their consumers’ best interests and our review process ensures that those interests are best served when we take into account the most recent regulatory guidance and market developments,” she added.