FalconX has acquired 21Shares, signifying a significant step towards enhancing its regulated digital asset exposure globally. This strategic move signals a shift towards traditional investment structures within the crypto space, potentially accelerating financial innovation and impacting how assets are managed. The acquisition brings together two industry leaders: FalconX, a prominent institutional crypto prime broker, and 21Shares, known for its extensive exchange-traded product (ETP) offerings. This merger aims to drive forward regulated digital asset innovation, consolidate financial infrastructure within the crypto sector, and broaden product offerings globally.