“Index investing can be boring, but it saves you from the worst possible outcomes.”
A goodwill impairment from ErisX significantly hurt the company’s GAAP earnings, but otherwise, business results improved from last year.
The firm, whose data centers are located in the United States, generated $40 million in sales last year.
Anyone can buy the newly launched NFTiff, but Punk holders who own an NFTiff can also redeem it for a custom pendant.
It appears the firm’s fortune took a turn to the worst via its exposure to troubled crypto lending service Babel Finance.
“NFTs can aid in the documentation of the creator community through smart contracts,” said Kushner.
The company said that users have registered over 2.5 million nonfungible token domains through its platform so far.