FalconX is acquiring a crypto investment platform, 21Shares. This shift is an important step to unite traditional finance with cryptocurrency. The acquisition will enable 21Shares and FalconX to bring crypto investing into the mainstream.
Why This Matters
This is one of the biggest exchange-traded product (ETP) deals in recent years. FalconX, a leading digital asset prime brokerage, brings deep trading and technology expertise. 21Shares adds a strong record in product development and distribution. Together, they plan to create products for both institutions and everyday investors. They aim to offer regulated exposure to digital assets, making them feel as safe as traditional finance.
Big news: FalconX is acquiring @21shares. Together, the two firms will advance the convergence of digital assets and traditional finance, bringing together FalconX’s crypto-native market infrastructure, structuring expertise, and institutional network together with 21shares’… pic.twitter.com/lbvY8ALWxD
— FalconX (@FalconXGlobal) October 22, 2025
The Story Behind 21Shares
Hany Rashwan and Ophelia Snyder started 21Shares in 2018. Now, it leads the world in crypto exchange-traded products. By September 2025, the company oversaw more than $11 billion in assets across 55 listed products.
It enjoys great success due to its strong technological base. It also has solid partnerships that enable the company to launch new products quickly.
Very excited to announce that @FalconXGlobal is acquiring @21shares – a major milestone for FalconX and the industry.
FalconX and 21shares are advancing the convergence of digital assets and traditional finance – expanding global access to regulated, innovative investment… pic.twitter.com/VwhW3UJl8K
— Austin Reid (@austinreid21) October 22, 2025
Russell Barlow, CEO of 21Shares, is confident that the buyout will increase their growth. He said partnering with FalconX will help them reach more investors. It will also enable them to build more effective crypto investment products.
FalconX’s Broader Vision
FalconX, co-founded by Raghu Yarlagadda, has processed $2 trillion in trades and serves over 2,000 institutions. Yarlagadda placed the deal as an inevitable progression. He says the deal will bridge crypto and traditional markets.
After the deal, 21Shares will remain independent with Barlow as CEO. The company won’t change its current ETFs or ETPs. The acquisition supports FalconX’s 2025 plan to expand globally. It also intends to expand its trading, asset management, and market.
.@FalconXGlobal is fully acquiring @21shares – a defining moment in the convergence of digital assets and traditional finance. 21shares is the world’s largest crypto-native ETF/ETP provider with over $11B in AUM and a track record of product innovation and operational excellence.… pic.twitter.com/GHz4eFfIYC
— Raghu Yarlagadda (@2Ragu) October 22, 2025
Conclusion
The purchase of 21Shares by FalconX is a huge milestone in the merger between crypto and traditional finance. It integrates two key participants to simplify the process, making it more accessible and increasing the reliability of investing in digital assets. As crypto becomes more mainstream, this partnership could change how people invest.