The focus will be on market expansion and hiring, among other key areas.
21.co, the parent crypto ETF issuer 21Shares, has announced raising $25 million in a funding round led by Marshall Wace.that the post-money valuation makes it “Switzerland’s largest crypto unicorn.”
21.co reportedly ended 2021 “on a nine-figure revenue run rate.” Even during the market downturn, the company is said to have witnessed sustained inflows. Its subsidiary – 21Shares – also has onboarded several executives tasked with aiding the company spread its reach in various European countries and expand to the Middle East.
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