The parent firm of 21Shares, Amun AG has recently announced that they have successfully raised 25 million dollars in its Series A funding, which was oversubscribed. The mid- to long-term aim of the successful funding is to establish 21Shares as the leading independent provider of crypto exchange-traded product (ETPs).

21Shares ETP services on multiple exchanges

The Series A funding was led by HV Holtzbrinck Ventures, with participation from established financial institutions such as BHB, Betaphase and Swissquote Ventures Syz Group. This successful funding places 21Shares in a strong position to proceed in its mission of offering state-of-the-art ETP services.

Currently, 21Shares offers crypto ETPs on regulated exchanges across Europe and the United States, with more planned for the future. As a result of the successful funding, 21Shares is now fully operational and established as one of the leading independent providers of ETPs.

The benefits of investing in 21Shares' Crypto ETPs

Investing in 21Shares' Crypto ETPs has numerous benefits, such as:

  • Access: Providing investors with easy access to a range of crypto assets by removing the need to go through extensive onboarding processes.
  • Efficiency: Enabling fractionalised purchases and allowing investors to spread risk and capitalise on real-time pricing across the crypto market.
  • Cost-saving: Creating financial freedom with reduced or no trading fees.

21Shares provides investors with a secure and compliant platform to buy and sell ETPs, as well as access real-time data and analysis of the market. 21Shares also aims to become the leading independent provider of crypto ETPs by investing in new user experiences and increasing the number of services and products it offers.

Conclusion

21Shares has achieved a milestone with its successful Series A funding, placing it in a strong position to grow as a leading independent provider of crypto ETPs. By investing in 21Shares, investors can benefit from a reliable source of cryptocurrency and access to some of the best ETP services available.