21Shares has restructured into two independent units: 21Shares for asset management and 21.co Technologies for product and technology development, aiming to enhance growth in digital assets and blockchain. The management team has been revamped, with key hires from Abrdn, and the company now manages over $10 billion in assets.
21Shares, a leading Swiss crypto ETP issuer with USD 10 billion in assets, is restructuring into two independent units: 21Shares and 21.co Technologies. This separation aims to enhance efficiency and allow each unit to focus on its strengths, with Russell Barlow appointed as CEO of 21Shares and Duncan Moir as President. The restructuring is expected to capitalize on growing investor interest and regulatory opportunities in the digital asset space.
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