Bakkt, a leading cryptocurrency custody and trading platform, reported its financial results for the fourth quarter and full year of 2023. The company announced a robust total revenue of $780.1 million for the year, despite facing a net loss of $226 million. This performance highlights the volatile yet growing interest in cryptocurrency trading and custody services. In a related sector, Flutter Entertainment, known for its ownership of FanDuel, also disclosed its financial performance, showing a pretax loss that widened over the year despite strong growth in the U.S. market. Flutter reported a $1.21bn net loss for FY2023 but remains optimistic about the future, forecasting a 30% earnings jump in 2024 as its U.S. operations, particularly in sports betting, continue to expand.