FalconX Acquires 21Shares in Major Crypto Industry Deal
The post FalconX Acquires 21Shares in Major Crypto Industry Deal appeared on BitcoinEthereumNews.com.
FalconX, a leading digital asset prime brokerage, announced on October 22, 2025, that it has agreed to acquire 21Shares, the company behind the world’s largest suite of cryptocurrency exchange-traded products. This acquisition marks one of the most significant transactions in the crypto ETP sector and represents FalconX’s third major deal in 2025. The financial terms were not disclosed, but the deal will be financed through a combination of cash and equity. According to Bloomberg, the transaction is expected to close by the end of the year. Understanding 21Shares and Its Market Position 21Shares has established itself as a dominant player in the crypto investment product space since its founding in 2018 by Hany Rashwan and Ophelia Snyder. The Swiss-based company manages over $11 billion in assets across 55 listed products as of September 30, 2025. The company’s flagship product is the ARK 21Shares Bitcoin ETF (ARKB), which holds nearly $5 billion in assets. ARKB was one of the first spot Bitcoin ETFs to launch in the United States in January 2024, marking a watershed moment for institutional crypto adoption. The fund allows investors to gain exposure to Bitcoin without directly holding the cryptocurrency. Beyond ARKB, 21Shares operates an extensive lineup of crypto ETPs in Europe, offering exposure to various digital assets including Solana, Cardano, and Chainlink. The firm reached a significant milestone last month by listing its 50th ETP in Europe, demonstrating its continued expansion in regulated crypto investment products. FalconX’s Growing Empire FalconX has positioned itself as a critical infrastructure provider for institutional crypto trading. Co-founded by Raghu Yarlagadda, the company has facilitated over $2 trillion in trading volume and serves more than 2,000 institutional clients globally. The company was valued at approximately $8 billion in a 2022 funding round led by Singapore’s sovereign wealth fund GIC and B…
Filed under: News - @ October 23, 2025 3:29 pm