Digital asset firm Bakkt said it raised $300 million in Series B financing,and plans to launch its consumer app this summer, according to a Medium post by CEO Mike Blandina. 

Investors participating in the round include Intercontinental Exchange, Microsoft’s M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital and Pantera Capital. 

"Bakkt gives users control over their digital assets," Blandina wrote in the post. "Whether it's miles from your favorite airline, loyalty points from the local grocery store, or bitcoin you’ve purchased, the Bakkt app enables you to aggregate all of those assets into a single digital wallet."

He said the digital wallet allows users to send money to friends, purchase at merchants or convert the assets to cash.

The announcement comes a month after Intercontinental Exchange Inc., the majority owner of Bakkt, acquired Bridge2Solutions, a loyalty program provider, and merged that company with Bakkt.