21Shares Enhances Crypto ETP Offerings with BitGo Integration
21Shares is expanding its crypto exchange-traded product services through a deepened partnership with BitGo, announced Thursday. The collaboration leverages BitGo's institutional-grade custody and staking infrastructure to bolster 21Shares' ETP offerings across U.S. and European markets.
BitGo will serve as qualified custodian, execution partner, and staking provider for 21Shares' growing product lineup. The MOVE addresses the need for robust back-end systems as 21Shares scales its operations, ensuring secure asset storage for both U.S. ETFs and European ETPs.
The partnership introduces enhanced liquidity and trading support, enabling 21Shares to access electronic markets and OTC desks seamlessly. This infrastructure upgrade facilitates large-scale crypto transactions while minimizing execution delays.
Staking services FORM a key component of the expanded collaboration. 21Shares can now generate yield through BitGo's staking solutions while maintaining institutional-grade security - a critical combination as regulated entities increasingly demand both profitability and asset protection.
BitGo's selection was driven by its compliance track record, security protocols, and governance framework. The custody specialist will support 21Shares' global expansion as institutional crypto adoption accelerates.