Exhibit 99.1 Bakkt Reports First Quarter 2024 Results - $854.6 million total revenues including gross crypto revenues and net loyalty revenues - Strong client crypto trading activity with notional traded volume up 324$48.8 million operating expenses excluding crypto costs, execution, clearing and brokerage fees, down 16% year-over-year - Updated full year 2024 outlook to reflect recently implemented strategic reduction in force and restructuring which is expected to reduce operating ...