FalconX Acquires 21Shares, Launches Leveraged Dogecoin ETF

Crypto investment platform FalconX has acquired the leading crypto ETP issuer, 21Shares. The acquisition will expand FalconX’s global presence and significantly boost its market access. To celebrate this milestone, 21Shares launched a new leveraged Dogecoin ETF that offers investors double the daily returns of Dogecoin before any fees. FalconX’s CEO Raghu Yarlagadda stated: “The combination of FalconX’s institutional trading and risk management platform with 21Share’s leadership in exchange-traded products puts us in an even stronger position to accelerate innovation and broaden access to digital assets.” This acquisition brings together two firms renowned for their expertise in crypto ETFs and trading.