Starbucks Tipping Off Plans
to Accept Bitcoin A new company, known as Bakkt, will help convert Bitcoin to government-backed cash. Bakkt has been working closely with the New York Stock Exchange (NYSE) to develop a Bitcoin trading platform. The ties to the NYSE have lead them to enlist in big companies, including Starbucks. The coffee giant made a statement that is convincing investors they're helping Bakkt with their efforts. Maria Smith, Starbucks Payments VP Starbucks has worked with Square, which accepts the cryptocurrency.