21Shares

Zurich, Switzerland Financial Services Acquired

21Shares (subsidiary of 21.co, parent company) is a Swiss cryptocurrency exchange-traded product (ETP) issuer that provides investors with regulated access to digital assets through exchange-traded funds and products. Founded in 2018 by Ophelia Snyder and Hany Rashwan, 21Shares has grown to become the world's largest provider of cryptocurrency ETPs, managing over $12 billion in assets under management across 55+ listed products. The company offers physically backed and actively managed crypto investment products listed on major European exchanges (SIX Swiss Exchange, Boerse Stuttgart, Vienna Exchange, London Stock Exchange) and US markets through partnerships with ARK Invest.

Acquired

21Shares has been acquired

Acquired by FalconX October 22, 2025

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2018

Total Funding

$25M

3 rounds

Latest Valuation

$2B

September 6, 2022

Funding

Total raised $25M across 3 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series A (parent 21.co)

Date

September 6, 2022

Amount

$25M

Valuation

$2B

Lead Investors

Marshall Wace
DateRoundAmount RaisedValuationLead Investors
September 6, 2022 Series A (parent 21.co) $25M $2B Marshall Wace
May 11, 2021 Strategic round (parent Amun) Not disclosed Morgan Creek Digital
2018 Seed / Early funding Not disclosed Not disclosed

Prominent Investors

Marshall Wace Collab+ Currency Quiet Ventures ETFS Capital Valor Equity Partners

Leadership

  • Russell Barlow

    Chief Executive Officer (CEO)

    LinkedIn
  • Hany Rashwan

    Co-Chair, Founder

  • Ophelia Snyder

    Co-Chair, Founder

    LinkedIn

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Data collected with AI, which can make mistakes. Please double-check this information.