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Nukkleus Inc. Acquires Stake In New Bitcoin Etf Issuer, Jacobi Asset Management

PRIVATEOct 21, 2021

Acquiring Company

Nukkleus

Acquired Company

Jacobi Asset Management

Financial ServicesLending And InvestmentsFinanceFintechOtherFinancial ServicesSoftwareHealth Care

Description

Crypto payments specialist Nukkleus Inc (OTC: NUKK), formally acquires a 5% interest (for an eight figure sum) in Jacobi Asset Management Limited (Jacobi), a company focused on digital asset management that has received regulatory approval to launch the world's first tier one Bitcoin ETF. Jacobi brings together decades of expertise from Banking, Regulation, and Fintech to shape the future of digital asset management by designing, issuing and managing institutional crypto products and funds connected to digital assets.

Quick answer

Nukkleus is acquiring Jacobi Asset Management, announced October 21, 2021.

How much did Nukkleus pay for Jacobi Asset Management?
The deal value was not disclosed.
What does Nukkleus do?
Nukkleus, Inc. (OTC: NUKK) combines its world-class technology with institutional digital asset and exchange execution services, giving Nukkleus the full-service offerings needed to compete effectively in the..
Who are the decision-makers at Nukkleus?
Fundz holds 2 contacts at Nukkleus. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Nukkleus

About

Nukkleus, Inc. (OTC: NUKK) combines its world-class technology with institutional digital asset and exchange execution services, giving Nukkleus the full-service offerings needed to compete effectively in the multi-asset world. Nukkleus is a digital financial services company with a suite of financial technologies to provide institutional counterparts with unique access to global liquidity and a comprehensive suite of products and services. Our technology delivers institutional-grade access to traditional and digital asset markets globally along with a UK FCA registered EMD agent for handling of professional and accredited client funds and conducting cryptocurrency conversion into fiat currencies.

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Frequently asked

Who acquired Jacobi Asset Management?

Jacobi Asset Management was acquired by Nukkleus. The deal was reported on October 21, 2021. Nukkleus, Inc. Nukkleus is privately held and operates in Financial Services.

When did Nukkleus acquire Jacobi Asset Management?

Nukkleus's acquisition of Jacobi Asset Management was reported on October 21, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Jacobi Asset Management do?

Launched in May 2021 to shape the future of digital asset management, Jacobi has received regulatory approval to launch the world's first tier one Bitcoin ETF. It is privately held, operating in Other.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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