21Shares Parent Firm Becomes Switzerland’s Crypto Giant As Gets Valued At $2B
The popularity of crypto sector is climbing higher daily. More companies are diving into the industry, given its high potential for making more profits than most conventional assets. These emerging firms notably impact the system by providing unique crypto-related products and services. For the success of most of their projects, some of these crypto service firms engage in fundraising. These processes have become one of the famous activities that occur in the crypto industry. Such rounds usually help them generate most of the required funds to facilitate their ongoing or future projects.....
Related News
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters. 21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, has become “Switzerland's largest crypto unicorn,“ the firm announced on Tuesday.It raised $25 million in a funding round led by London-based hedge fund Marshall Wace. The new funding brings the firm's valuation to $2 billion.21.co is designed to unite 21Shares with third-party token provider Amun and other upcoming crypto projects aiming to build bridges into the crypto....
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters. 21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, has become “Switzerland's largest crypto unicorn,“ the firm announced on Tuesday.It raised $25 million in a funding round led by London-based hedge fund Marshall Wace. The new funding brings the firm's valuation to $2 billion.21.co is designed to unite 21Shares with third-party token provider Amun and other upcoming crypto projects aiming to build bridges into the crypto....
FalconX has announced an acquisition of 21Shares, combining prime brokerage infrastructure with the world’s largest crypto ETP platform. FalconX Pushes Into Crypto ETFs & ETPs With 21Shares Acquisition As announced in a press release, FalconX has agreed to acquire 21Shares. FalconX is an institutional crypto prime brokerage that provides large clients with deep global liquidity, […]
Despite crypto markets tanking this year, the Swiss crypto ETP firm 21Shares has seen its new crypto inflows hitting new all-time highs YTD. With cryptocurrency markets shrinking over 50% this year, 21Shares are working to replicate S&P Dow Jones Indices’ benchmarks with its new risk-adjusted crypto investment products.The Swiss crypto investment firm 21Shares has launched two new exchange traded products (ETP) offering investors exposure to the largest cryptocurrencies — Bitcoin (BTC) and Ether (ETH) — while aiming to soften volatility via rebalancing assets to the U.S. dollar (USD).The....
On Wednesday, 21Shares, the world’s largest issuer of cryptocurrency exchange-traded products (ETPs), submitted a regulatory filing with the US Securities and Exchange Commission (SEC), seeking approval to launch a passive Hyperliquid ETF designed to track the price of the HYPE token. 21Shares’ Passive Hyperliquid ETF Passive exchange-traded funds, like the one proposed by 21Shares, are […]