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.

• DPIIT Teams Up With Startup Policy Forum
• Rural Poverty Slips Below 5% for FY24
• Capital Infra Trust InvIT IPO Preview: Latest capital Infra GMP, Lot, Price & Key Dates
• Smartworks Leases a New Office Space in Gurugram
• Indian Railway Finance Shares Surge 3% on Signing an MoU with REMC

The post-money valuation makes 21.co “Switzerland’s largest crypto unicorn,” the company said.