21.co raises $25 million, becoming the largest unicorn cryptocurrency in Switzerland

21.co raises  million, becoming the largest unicorn cryptocurrency in Switzerland


21.co revealed as parent company of 21Shares and Amun

ZurichAnd the 7 September 2022 /PRNewswire/ – 21.co, the world’s leading provider of access to cryptocurrency through simple, easy-to-use products, today announced its 25 million dollars Led by Marshall Weiss. This tour appreciates the work until 2 billion dollarsmaking 21.co Switzerland Biggest Unicorn Crypto. With this round of financing, 21.co will continue to drive rapid and targeted growth through first-of-its-kind products, major market expansions, and strategic talent acquisitions. Other investors in the round include Collab + Currency, Quiet Ventures, ETFS Capital and Valor Equity Partners.

In addition to financing, the company also announced its new parent company, 21.co. 21.co is a group of companies, the largest of which is 21 poststhe world’s largest issuer of cryptocurrency trading products (ETPs) – powered by Onyx, a proprietary technology platform used to issue and operate ETP for 21Shares and third-party cryptocurrencies – as well as Amona token provider focused on making the world of DeFi more accessible.

The round – raised during the Crypto Winter – was the company’s first increase in more than two years, and is a testament to the company’s early success and growing investor demand in the asset class. To prove this investor demand, the company finished 2021 with a nine-digit revenue rate and saw sustained inflows, even during low markets. From year to date, from September 2021 to me September 202221.co scored more 650 million dollars In net new assets, assets under management peaked at 3 billion dollars In November of 2021. To support this rapid growth of the business, 21.co increased its staff by 75% during this period.

Launched in 2018, by Ophelia Snyder And the Hani Rashwan, 21.co to build bridges in the crypto world. Since then, 21.co has been on a massive journey to stay ahead of the market by providing investors with the most innovative cryptocurrency trading products (ETPs), the broadest token solutions, a decentralized software platform for creating, listing and managing ETPs globally and the most forward-thinking solutions – All backed by free, enterprise-grade research to educate investors about the evolving industry.

“My co-founder, Ophelia, has embarked on a simple mission to make encryption more accessible,” he said. Hani Rashwan, CEO and Co-Founder at 21.co. “Now, we are the most valuable and largest technology startup in the world Switzerland – And we’re only in the early days. 21.co remains committed to building innovative products that meet investor demand as this asset class continues to gain rapid momentum. “

“The success of 21.co over the past four years is really amazing,” he said. Ophelia Snyder, president and co-founder of 21.co. “We have built an incredibly diverse team, with some of the brightest minds in crypto and brought in best-in-class investors. Our quest to revolutionize the world of crypto and build bridges in the asset class is just getting started.”

“At Marshall Wace, our culture is built around innovation – and we saw an instant alignment of values ​​when meeting with the team at 21.co. 21co is the number one driver in the crypto industry: the company is focused on growth, and committed to bringing new and innovative products to investors across markets – in a way that is safe and easy to get it ” Amit Rajpal, partner and CEO of Asia at Marshall Weiss. “Even in the midst of a crypto winter, MW believes that 21.co has the potential to revolutionize the industry globally, and we look forward to working alongside the team.”

“When I first met the team at 21.co, I understood their long-term vision and truly believed the company would transform the crypto ecosystem,” he said. Kathy Wood, founder, CEO and CIO of ARK Investment Management LLC, and an independent board member of 21.co. “This tour is a testament to 21.co’s early success and ability to thrive in both rising and falling markets. I am proud to be a part of 21.co’s growth story.”

21.co’s increase follows a year of significant growth and product innovation. Most notably 21 stocks:

To learn more about the company, please visit www.21.co.

Click on Contacts:
Ariel SobelHead of Global Communications [email protected]
Megan EnrightCommunications Manager [email protected]

about 21.co

21.co is the world’s leading provider of cryptographic access through simple, easy-to-use products. 21.co is the parent company of 21 poststhe world’s largest issuer of cryptocurrency trading products (ETPs) – powered by Onyx, a proprietary technology platform used to issue and operate ETP for 21Shares and third-party cryptocurrencies – as well as Amon, a token provider focused on making the world of DeFi more accessible. The company was founded in 2018 by Hani Rashwan And the Ophelia Snyder. 21.co is registered in Zug, Switzerland with offices in Zurich And the New York. For more information, please visit the website www.21.co.

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