Sullivan Bank to offer cryptocurrency services

Sullivan Bank, based in Missouri, has partnered with Bakkt Holdings Inc., a digital asset platform to allow its customers to buy, sell and hold bitcoin and Ethereum.

Bakkt will provide its Crypto Connect service to allow customers to access cryptocurrency, according to a press release.

“We are pleased to work with Sullivan Bank to offer their customers the option to buy bitcoin and ether in their trusted digital banking app,” Mark Elliot, head of marketing and sales, Bakkt, said in the release. “To make the experience seamless for Sullivan Bank and its customers, we provide the full strength of Bakkt’s platform including compliance, tax reporting, educational resources and customer care.”