This is one of the exciting news of 2018. This shows that crypto startups are on the radar of big financial institutions.
It is expected that many more such deals will take place in Crypto world going forward.
Established players would like to acquire crypto assets in order to maintain their dominant positions.
However, if they insist to do centralisation then they will be on losing ground as the basic value of crypto assets is their ability to maintain decentralisation. Hope they understand it.