21Shares AG (“21Shares”), the world’s largest cryptocurrency ETP issuer, today announced that it has reached its highest level of assets under management (AUM) to date at $ 2 billion, due to growing interest from institutional investors and strong inflows from 21Shares Solana ETP (ticker: ASOL SE). In addition, the firm’s rapidly expanding team has quadrupled from 20 to 80 professionals in less than a year to help drive strategic growth.
Hany Rashwan, Co-Founder and CEO of 21Shares, said: “We have been extremely fortunate to have our business strategy – including our people and product plans – aligned with market activity to create unprecedented opportunities. . We look forward to continuing to develop and update our progress over the coming months. “
Recently, ASOL SE crossed the milestone of $ 100 million in assets under management since its launch as the world’s first and only Solana ETP on the regulated market of the Swiss Stock Exchange (SIX Exchange) on June 30, 2021. ASOL SE has grown faster than any of the 21 stocks. other exchange traded products (ETP) according to Bloomberg Data. 21Shares successfully harnessed the potential of Solana based on its consensus of proven history, incredibly short turnaround times, and lower fuel costs.
More information on other ASOL SE and 21Shares products and research can be found at www.21shares.com
As of September 1, 2021, 21Shares manages over $ 1.8 billion in 17 cryptocurrency ETPs and 77 listings, including the world’s only ETPs that follow Binance, various crypto index baskets, and two ETPs with rewards of investor stake (Tezos and Solana). Its products are listed on eight regulated European and Swiss stock exchanges.
21Shares takes innovation to the next level with the world’s largest suite of cryptocurrency exchange-traded products (ETPs). In 2018, he pioneered the world’s first cryptocurrency index listing on the SIX Swiss Exchange, and he continues to fuel his cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. 21Shares aims to provide all investors with a simple, secure and regulated way to buy, sell and short sell cryptocurrencies through existing bank and brokerage accounts. 21Shares’ issuance platform, Onyx, is used by both 21Shares and third parties to issue and mine cryptocurrency ETPs around the world. For more information, please visit www.21shares.com.
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