21.co reaches five billion dollars in assets under management. Three billion relate to the European product range of 21Shares, Switzerland’s leading crypto unicorn
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By ETFWorld.co.uk
Ophelia Snyder, co-founder and President of 21.co
21Shares AG, a subsidiary of 21.co, is the world’s largest issuer of products providing easy access to the world of cryptos. It announced today that it has reached a major milestone in terms of growth and adoption of its products: the company now manages more than five billion dollars in assets (assets under management), of which 3.17 billion are attributable to 21Shares AG’s European range of products.
Ophelia Snyder, co-founder and President of 21.co, commented: “Five billion assets under management is a testament to the commitment and hard work of our team, whose tireless efforts have enabled us to reach this important milestone. We thank all members of the 21Shares family for their consistent commitment, which has enabled this excellent performance.”
Since its inception in 2018, 21Shares has focused on innovation and customer focus to provide investors with simple and efficient access to the transformative potential of cryptocurrencies and blockchain technology. The company’s range of exchange-traded products (ETPs) is diverse and widely recognised for its transparency, efficiency and reliability. It attracts investors from around the world.
At 1 March 2024, 21.co’s assets under management broke down as follows:
Europe: USD 3,176,454,971
United States: USD 2,135,730,276
Australia: USD 56,329,660
Source: ETFWorld.co.uk
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