FalconX Acquires 21Shares to Expand Services Amid Crypto Market Consolidation

Crypto prime broker FalconX has made a significant move in the cryptocurrency market by acquiring 21shares, one of the largest issuers of regulated digital-asset exchange-traded products. The deal is expected to close by year-end and signifies growing consolidation within the sector. Driven by increased capital flows into Bitcoin ETFs and favorable regulatory conditions under the Trump administration, FalconX is poised to capitalize on both institutional demand and retail interest in regulated crypto investments.