FalconX Targets Institutional Expansion with 21Shares Acquisition
FalconX, a prominent digital asset prime broker, is set to acquire 21Shares, the largest provider of cryptocurrency ETFs, aiming to enhance its institutional investment capabilities.
This acquisition, among the largest in 2025, could significantly impact institutional crypto markets, expanding FalconX's regulatory product reach and boosting crypto asset liquidity.
The agreement between FalconX and 21Shares intends to leverage both companies' strengths to enhance institutional investment in crypto markets. FalconX, a digital asset prime broker, focuses on building its crypto financial product line.
With the acquisition, FalconX aims to boost its capabilities in regulated investment products, particularly targeting increased liquidity for major cryptocurrencies like BTC and ETH. This move does not disclose specific deal terms.
"Our goal has been to make crypto investing available to everyone through industry-leading exchange-traded products. Now FalconX will enable us to move faster and expand our reach. Together, we’ll pioneer solutions that will meet the evolving needs of digital asset investors worldwide." — Russell Barlow, CEO, 21Shares
Bitcoin and ETP Products Poised for Growth Post Merger
In 2018, when 21Shares launched, it aimed at pioneering crypto ETFs, a novel idea pushing the boundaries of traditional asset management into the digital realm.
Bitcoin (BTC) is trading at $107,781.31, with a market dominance of 59.26%, based on data from CoinMarketCap. The 24-hour trading volume reached $89,452,530,340.81, down 3.85%. Its market cap stands at $2.148 trillion.
According to the Coincu research team, this acquisition could bolster ETP product innovation at FalconX, increasing demand for regulated crypto products. Institutional confidence may rise, impacting BTC and ETH significantly.