21shares and FalconX join forces!
Q1. Who is FalconX?
FalconX is the leading digital assets prime brokerage providing comprehensive access to global digital asset liquidity and a full range of services to the world’s top institutions. The firm serves as a single point of access for trading, financing, custody, and direct market access (DMA) across spot, derivatives, and FX markets, supported by advanced technology and sophisticated risk management.
FalconX has offices in Silicon Valley, New York, London, Hong Kong, Bengaluru, Singapore and Valletta. For more information visit falconx.io.
Q2. Why did FalconX decide to acquire 21shares?
Digital asset markets are maturing with investors demanding more sophisticated and regulated ways to access crypto. By bringing together FalconX’s institutional trading, structuring, and risk management expertise with 21shares’ leadership in exchange-traded products, the two firms can accelerate innovation and expand access to the digital assets ecosystem.
Q3. Why is now the right time for FalconX to acquire 21shares?
The timing reflects a broader phase of market maturity in digital assets. As the industry evolves, we’re seeing firms align around regulated, transparent market infrastructure. At the same time, investors are showing a growing appetite for more sophisticated and dynamic exchange traded products. These shifts typically emerge as markets mature, creating the right environment for this acquisition to help shape the next phase of digital-asset investing.
Q4. What does this mean for investors in 21shares existing ETPs?
21shares will continue to operate independently. This transaction will not impact holders of 21shares existing ETPs, and no changes to the construction or investment objectives of the existing 21shares ETPs (Europe) or ETFs (US) are planned. 21shares points of contact, and investment and operational processes, will remain unchanged.
Q5. Will my relationship with 21shares or my current investments change?
No, your relationship, holdings, and how you invest in 21shares products will remain the same. 21shares will continue to operate as an independent company within the FalconX group, maintaining the same management team and brand.
Q6. How will this benefit 21shares clients in the future?
FalconX’s institutional infrastructure, along with its synergistic business models and resources, will help to accelerate 21shares growth strategy, moving even faster toward its purpose, while delivering more innovation to clients over the long-term. Sitting within the FalconX umbrella will allow 21shares to continue to offer clients unrivalled products and services.
Q7. What does this mean for 21shares’ existing market maker, liquidity provider, and other partner relationships?
21shares has built a strong network of liquidity and capital partners, including authorized participants, market makers, and other key ecosystem players, that will remain intact. All contracts and operational arrangements remain in place, and day-to-day processes, from creation and redemption mechanics to trading and settlement, will remain unchanged. 21shares will maintain its independent operations and existing counterparties to preserve the competitive balance that supports its platform.
Q8. What does this acquisition mean for the broader market?
This acquisition strengthens the bridge between listed-market products and the crypto-native ecosystem at a time when digital assets are becoming increasingly institutionalized. Investors will benefit from faster product innovation, greater efficiency, and access to a wider range of regulated, high-quality digital-asset investment vehicles. Ultimately, this is about providing investors the ability to access crypto through the vehicles and regulatory regimes that best fit their needs.
Q9. When will the transaction be completed?
The transaction is expected to close by year-end 2025.
