Lumin x1 streamer/dac is awesome. I had a separate dac but I found integrating it with a streamer at least in this component was a great idea. It also has an optical connection. And a separate power supply which I think is really nice to have.
You can buy a separate streamer but then you gotta spend a lot of time deciding which dac and there are so many choices and so many interconnect issues it's an incredible pain in the ass. So I would check out the Lumin x1 to avoid all the annoying issues related to this area. I am a big proponent of separates otherwise.