FalconX Acquires 21Shares to Expand Crypto ETP Offerings
FalconX, a leading crypto prime broker, is set to acquire 21Shares, the world’s largest issuer of crypto exchange-traded products (ETPs).
The move aims to create a stronger platform for regulated digital asset investments catering to both retail and institutional investors.
FalconX brings to the table its $2 trillion trading infrastructure and a client base of over 2,000 institutions, while 21Shares contributes extensive expertise in ETP design and global distribution. Although the financial details of the deal were not disclosed, the partnership signals a major step toward bridging traditional finance and the digital asset market.
The management of 21Shares will remain intact, with no immediate changes planned for…
