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swiss 21shares marshall wace 2b pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

How much money did 21shares raise?

Sept 6 (Reuters) - Crypto investment product firm 21.co, the parent of 21Shares, said on Tuesday it had raised $25 million in a funding round led by Marshall Wace that valued the company at $2 billion.

Who is Marshall Wace?

Hedge fund firm Marshall Wace has led a $25 million investment in crypto company 21.co, the parent of exchange-traded-product issuer 21Shares and token provider Amun, valuing the Swiss business at $2 billion.

What's new at 21shares?

The company announced on Tuesday the newly-formed parent 21.co. Its largest subsidiary, 21Shares, is the world's largest issuer of cryptocurrency exchange-traded products (ETPs) using its proprietary platform Onyx, which is used to issue and operate crypto ETPs for the company and third parties, it said.

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