Crypto investment products company 21.co, the parent company of 21Shares, said it had raised $25 million in a funding round led by Marshall Wallace that valued the company at $2 billion on Tuesday.
“With this funding round, 21.co will continue to drive rapid, targeted growth through first-of-its-kind products, key market expansion, and strategic talent acquisition,” 21.co said in a statement.
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The post-money valuation makes 21.co “Switzerland’s largest crypto unicorn,” the company said.