Nukkleus acquires stake in new Bitcoin ETF issuer Jacobi Asset Management
Summary
Crypto payments specialist Nukkleus Inc (OTC: NUKK) has formally acquired a five per cent interest in Jacobi Asset Management Limited. Digital asset management firm Jacobi last week received regulatory approval to launch the world’s first tier one Bitcoin ETF. Given its experience in the crypto industry, Nukkleus’ leadership team recognise the opportunity presented by having a stake in the future of digital asset management. Nukkleus CEO Emil Assentato said: “Jacobi Asset Management is leading the way towards greater mainstream investment in Bitcoin in a way that is safe, secure and familiar to institutional investors. “Given our belief in the promising future for digital assets and our faith in Jamie Khurshid’s track record, taking a share in Jacobi is a logical and positive next step for Nukkleus.” Emil’s career spans more than 30 years of Wall Street leadership with a passion for pioneering new financial models, including as a founding shareholder of FXDD in 2002.