Nukkleus / Jacobi Asset Management 2021
Nukkleus Inc acquired Jacobi Asset Management on October 21, 2021.
- Target
- Jacobi Asset Management
- Acquirer
- Nukkleus Inc
- Announced
- October 21, 2021
- Sub-sector
- Crypto / Digital Assets
Transaction overview
- Nukkleus Inc announced the acquisition of Jacobi Asset Management on October 21, 2021.
Strategic rationale
Nukkleus expands into regulated exchange-traded crypto assets by acquiring stake in Bitcoin ETF issuer with tier-one regulatory approval.
Deal terms & multiples
Sources
- prnewswire.com /news-releases/nukkleus-inc-acquires-stake-in-new-bitcoin-etf-issuer-jacobi-asset-management-301405763.html