21Shares' parent company 21.co completed a $25 million financing round at a valuation of $2 billion, led by Marshall Wace

Chain Catcher news, 21Shares' parent company, crypto investment product company 21.co, announced the completion of a $25 million financing round at a valuation of $2 billion. This round was led by Marshall Wace, with participation from Collab+Currency, Quiet Ventures, ETFS Capital, and Valor Equity Partners.

It is reported that 21.co's largest subsidiary, 21Shares, is the world's largest issuer of cryptocurrency exchange-traded products (ETPs), using its proprietary platform Onyx to issue and operate crypto ETPs for the company and third parties. (Source link)