(Reuters) – Crypto investment product firm 21.co, parent of 21Shares, said on Tuesday it had raised $25 million in a funding round led by Marshall Wallace that valued the company at $2 billion.
“With this round of financing, 21.co will continue to drive rapid, targeted growth through first-of-their-kind products, key market expansions and strategic talent acquisitions,” 21.co said in a statement.
The post-money valuation makes 21.co “Switzerland’s largest crypto unicorn”, the company said.
(Reporting by Yousef Saba in Dubai; editing by Jason Neely)
