Cryptocurrency trading firm FalconX has announced its agreement to acquire 21Shares, a leading manager of digital asset ETFs. The acquisition aims to enhance the development of cryptocurrency funds focused on derivatives and structured products. While the transaction involves a mix of cash and equity, the specific financial terms have not been disclosed. Executives from both companies highlighted the strategic alignment in an interview, emphasizing the potential for growth in the digital asset fund sector.
FalconX to Acquire Digital Asset ETF Manager 21Shares
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.

