Crypto investment product firm 21.co raises $25M to reach $2B valuation

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Crypto investment firm 21 .co announces it has become “Switzerland’s largest crypto unicorn”, after reaching a $2B valuation.

21.co, the new parent firm of exchange-traded products provider 21Shares, has become “Switzerland's largest crypto unicorn,“ the firm announced on Tuesday.

21.co is designed to unite 21Shares with third-party token provider Amun and other upcoming crypto projects aiming to build bridges into the crypto world, 21.co founder Hany Rashwan told Cointelegraph. According to Rashwan, the newly raised funds will help 21.co to continue expanding its business globally. The firm is specifically focused on gaining more traction in 21.co’s core markets in Europe and is preparing its entry into the Middle East, the CEO noted.

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