Bakkt, a crypto trading and custody platform, has named Andy Main as its new CEO and president amid challenges, including a warning from the NYSE about potential delisting due to failure to meet listing requirements. This leadership change marks the fifth CEO replacement in Bakkt's six years of operation. The NYSE has threatened to delist the crypto exchange, putting additional pressure on the company. Despite these challenges, Bakkt's board member and newly appointed CEO, Andy Main, has expressed optimism about the company's future, indicating a turnaround from previous warnings about its ability to continue operations.