Cryptocurrency exchange company FalconX will acquire ETF management company 21Shares
BlockBeats News, October 22nd, according to The Wall Street Journal, cryptocurrency exchange company FalconX will acquire ETF management company 21Shares. Executives from both companies stated in an interview that the merged company will develop cryptocurrency funds focused on derivatives and structured products. The funding method for this transaction is a mix of cash and equity, and specific terms have not been disclosed.
FalconX, co-founded by Raghu Yarlagadda in 2018, has facilitated over $2 trillion in cryptocurrency trades for over 2,000 institutional clients. Yarlagadda stated that this private company raised $150 million in venture funding in 2022, reaching a valuation of $8 billion, and is currently considering an initial public offering (IPO).
21Shares, established in 2018, as of September, manages 55 exchange-traded products with assets exceeding $11 billion. The company's most notable achievement was collaborating with Cathie Wood's ARK Investment Management in 2024 to launch one of the first US physically-backed Bitcoin ETFs.
Vous pourriez aussi aimer
À la hausse
Dernières actus crypto
「Bull Buddy」 fait de nouveau le buzz pour une position longue, avec un prix d'entrée moyen de 31,97 $.
Kalshi a complété un cycle de financement de 1 milliard de dollars pour une valorisation de 1,1 milliard de dollars
Coinbob a lancé un outil de surveillance et de copie d'adresses sur chaîne pour la chaîne Pacifica, permettant aux utilisateurs de synchroniser et de gagner des récompenses de jetons Pacifica.
OpenMind est heureux d'annoncer un partenariat avec Circle pour construire une infrastructure de paiement basée sur l'IA.
Circle annonce la fondation, la phase initiale vise à renforcer la résilience financière des petites entreprises aux États-Unis
Assistance client:@weikecs
Collaborations commerciales:@weikecs
Trading quantitatif/Market makers:[email protected]
Programme VIP:[email protected]