FalconX Acquires 21Shares to Expand Regulated Crypto Investment Products

Crypto prime dealer FalconX has agreed to amass 21Shares, the world’s largest issuer of crypto exchange-traded merchandise (ETPs).

By becoming a member of forces, FalconX and 21Shares intention to develop new regulated digital asset funding merchandise that enchantment to each institutional and retail traders, the corporate stated in an announcement shared with Cointelegraph.

“21Shares has constructed one of the crucial trusted and modern product platforms in digital belongings,” stated Raghu Yarlagadda, CEO of FalconX. “We’re witnessing a robust convergence between digital belongings and conventional monetary markets, as crypto ETPs open new channels for investor participation by way of regulated, acquainted buildings.”

FalconX brings its $2 trillion buying and selling infrastructure and over 2,000 institutional purchasers to the desk, whereas 21Shares contributes deep experience in ETP design and international distribution.

Associated: 21Shares lists first Hyperliquid ETP on SIX Swiss Alternate

21Shares to function independently underneath FalconX

21Shares’ management will stay in place following the acquisition. No fast adjustments are deliberate to current 21Shares ETPs or ETFs in Europe and the US.

CEO Russell Barlow stated the cope with FalconX would permit the agency to “transfer quicker” and develop their attain. “Collectively, we’ll pioneer options that may meet the evolving wants of digital asset traders worldwide,” he stated.

Based in 2018 by Hany Rashwan and Ophelia Snyder, 21Shares has grown right into a dominant power in crypto ETPs, managing over $11 billion in belongings throughout 55 listed merchandise as of September 2025.

Associated: 21Shares launches first dYdX ETP for institutional traders

FalconX’s third deal this 12 months

The deal marks FalconX’s third main transaction in 2025. In January, the agency acquired crypto derivatives platform Arbelos Markets for an undisclosed quantity.

In June, the dealer additionally acquired a majority stake in Monarq Asset Administration’s dad or mum firm.