{"id":66736,"date":"2022-09-06T12:32:12","date_gmt":"2022-09-06T09:32:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=66736"},"modified":"2025-09-07T02:53:39","modified_gmt":"2025-09-06T23:53:39","slug":"parent-company-of-21shares-raises-25-million-at-a-2-billion-valuation","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/parent-company-of-21shares-raises-25-million-at-a-2-billion-valuation\/","title":{"rendered":"Parent company of 21Shares raises $25 million at a $2 billion valuation"},"content":{"rendered":"

21.co, the parent company of the cryptocurrency ETP<\/span> 21Shares, raised $25 million in a funding round led by hedge fund Marshall Wace. Reuters reports.<\/p>\n

The funds were also provided by Collab+Currency, Quiet Ventures, ETFS Capital and Valor Equity Partners.<\/p>\n

The company\u2019s valuation reached $2 billion. According to the firm, this makes it the “largest cryptocurrency unicorn in Switzerland”.<\/p>\n

\n

“With the funding round, 21.co will continue to drive rapid targeted growth through the launch of first-of-its-kind products, expansion into key markets and strategic recruitment of talent,” the agency quotes 21.co’s statement.<\/p>\n<\/blockquote>\n

In early 2021, the provider of cryptocurrency products reported that assets under management rose to $1 billion<\/a>.<\/p>\n

In May 2022, 21Shares and asset manager ARK Invest filed<\/a> a new joint application to launch an exchange-traded fund based on the first cryptocurrency.<\/p>\n

Earlier, the provider received a listing<\/a> for an ETP based on FTX Token and Decentraland, as well as on Bitcoin and Ethereum<\/a> on the Swiss BX Swiss exchange.<\/p>\n

Follow ForkLog’s Bitcoin news in our Telegram<\/a> \u2014 cryptocurrency news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

21.co, the parent company of the cryptocurrency ETP provider 21Shares, raised $25 million in a funding round led by hedge fund Marshall Wace. Reuters reports.<\/p>\n","protected":false},"author":1,"featured_media":66737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1372,1133],"class_list":["post-66736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-21shares","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/66736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=66736"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/66736\/revisions"}],"predecessor-version":[{"id":66738,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/66736\/revisions\/66738"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/66737"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=66736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=66736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=66736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}