FalconX Acquires 21Shares to Expand into Crypto ETF and Structured Products Market
FalconX, a leading digital assets prime brokerage, is making a strategic move into the exchange-traded products space with its acquisition of 21Shares. The Switzerland-based ETP issuer recently launched an AI-linked crypto token product, showcasing its innovative approach to crypto investment vehicles.
The deal, structured with a mix of cash and equity, positions FalconX to offer institutional clients a broader range of cryptocurrency exposure products. This acquisition reflects growing institutional demand for regulated crypto investment products as traditional finance increasingly converges with digital assets.
FalconX's expansion comes at a pivotal moment for crypto adoption. The firm recently joined a blockchain liquidity alliance, signaling its commitment to enhancing institutional-grade services. The 21Shares acquisition provides immediate access to ETF management capabilities and structured product expertise.
