FalconX acquires 21Shares ETF manager according to WSJ

FalconX aims to broaden its service offerings by acquiring 21Shares, a crypto-focused ETF issuer, enhancing its capabilities in the digital asset and derivatives market.

The acquisition follows 21Shares’ launch of an AI-related token ETF, showcasing its growth in the European market while FalconX forges partnerships to strengthen its liquidity services.

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