FalconX Acquires 21Shares to Expand Crypto Investment Offerings

Crypto prime broker FalconX has entered a strategic acquisition, purchasing 21Shares, the world’s leading issuer of crypto exchange-traded products (ETPs). This partnership aims to develop new, regulated digital asset investment products tailored for both institutional and retail investors. 21Shares boasts expertise in ETP design and global distribution, while FalconX brings its robust trading infrastructure and a substantial client base of over 2,000 institutions.