Audited accounts for DTR, the fintech software group acquired by Bakkt in April, show a business that recorded just €5,315 in other income and lost €8,435,181 in 2025.
Bakkt had pitched DTR as part of its stablecoin infrastructure push, acquiring the company for 11.3 million shares and taking on all of its outstanding equity. Bakkt described DTR as a developer of stablecoin and agentic payments infrastructure, while DTR's own accounts describe the group as a provider of fintech software.
What the accounts show
- €5,315 classified as other income, not revenue
- An €8,435,181 loss for 2025
- No earlier comparison figures, as this is DTR's first consolidated reporting year
- Accounts predate the April 30 closing of the acquisition
The figures cover the period before Bakkt completed the acquisition and do not include any results from after the deal closed. The source material does not provide further detail on how the discrepancy between the acquisition rationale and the reported financials will be addressed.
