The transaction is expected to deliver as much as $300 million in cash, which will be used to expand the company's institutional crypto lending, yield and custody offerings.
Nikolic challenges a recent CoinDesk op-ed, declaring "crypto's rock 'n' roll era is over," and argues that it’s the best shift for the industry’s builders.
Bitcoin is outperforming equities and gold since the Middle East conflict began, as institutional inflows return while broader market sentiment remains cautious.