positive
Recently
FalconX eyes crypto ETF expansion with 21Shares acquisition plan
No Image
FalconX plans to acquire 21Shares, combining ETF expertise and trading infrastructure, paving the way for a future IPO and broader institutional crypto access.
Crypto trading firm FalconX has announced plans to acquire Switzerland-based ETF manager 21Shares to bolster its global crypto derivatives and fund management offerings. The acquisition would merge FalconX’s institutional trading expertise with 21Shares’ ETF portfolio of $11 billion in managed assets. Analysts view this move as a precursor to a potential IPO filing next year. The deal aims to strengthen FalconX’s presence in the regulated investment ecosystem and expand product accessibility for institutional clients across Europe and North America.