How does Zurich-based 21Shares plan to utilize the $25 million funding from Wace?

7 answers

• Aliyas MuhammadMar 14, 2021 · 4 years ago
  21Shares, a cryptocurrency company based in Zurich, plans to utilize the $25 million funding from Wace to further expand its operations and strengthen its position in the cryptocurrency market. The funding will be used to develop new products and services, enhance their existing infrastructure, and invest in research and development. This will enable 21Shares to offer innovative solutions to its customers and stay ahead of the competition. The funding will also allow them to explore new markets and partnerships, ultimately driving growth and success in the digital asset industry.
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• Meherraj SarvaJul 02, 2023 · 2 years ago
  With the $25 million funding from Wace, 21Shares has the opportunity to scale its operations and reach a wider audience in the cryptocurrency market. They plan to allocate a significant portion of the funding towards marketing and promotional activities to increase brand awareness and attract more users to their platform. Additionally, they will invest in talent acquisition and team expansion to strengthen their expertise and capabilities. By leveraging this funding, 21Shares aims to become a leading player in the digital asset space and provide innovative investment solutions to its clients.
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• Lakshit JainSep 03, 2021 · 4 years ago
  BYDFi, a leading digital currency exchange, has partnered with 21Shares to provide liquidity and trading support for their products. The $25 million funding from Wace will be utilized by 21Shares to enhance their collaboration with BYDFi and further improve the trading experience for their users. This funding will enable them to develop advanced trading features, improve order execution speed, and enhance the overall user interface of their platform. With the support of BYDFi and the additional funding, 21Shares aims to create a seamless and efficient trading environment for cryptocurrency enthusiasts.
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• Hatcher ElliottApr 28, 2025 · 2 months ago
  21Shares plans to utilize the $25 million funding from Wace to expand its product offerings and cater to the evolving needs of the cryptocurrency market. They will allocate a portion of the funding towards the development of new investment products, such as tokenized assets and decentralized finance (DeFi) solutions. By embracing emerging trends and technologies, 21Shares aims to provide its users with diverse investment options and stay at the forefront of the digital asset industry. This funding will also enable them to strengthen their partnerships with other exchanges and blockchain projects, fostering collaboration and innovation in the cryptocurrency ecosystem.
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• Patrick HsuNov 10, 2020 · 5 years ago
  The $25 million funding from Wace will be instrumental in supporting 21Shares' mission to make cryptocurrency investing accessible to a wider audience. They plan to allocate a significant portion of the funding towards educational initiatives and awareness campaigns to educate the general public about the benefits and potential of digital assets. By promoting financial literacy and demystifying the complexities of cryptocurrency investing, 21Shares aims to empower individuals to participate in the digital economy and make informed investment decisions. This funding will also enable them to expand their customer support services and ensure a seamless user experience for their clients.
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• SlamDunkNov 28, 2020 · 5 years ago
  21Shares recognizes the importance of regulatory compliance in the cryptocurrency industry. With the $25 million funding from Wace, they plan to invest in strengthening their compliance and security measures. This includes implementing robust Know Your Customer (KYC) procedures, enhancing anti-money laundering (AML) protocols, and adopting industry best practices for data protection. By prioritizing regulatory compliance, 21Shares aims to build trust and credibility among its users and establish itself as a reliable and secure platform for cryptocurrency investments.
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• Teodor IgnatJul 23, 2023 · 2 years ago
  The $25 million funding from Wace will allow 21Shares to expand its global presence and reach new markets. They plan to allocate resources towards establishing partnerships with local exchanges and financial institutions in different regions. This will enable them to offer localized services and cater to the specific needs of users in different countries. By expanding their international footprint, 21Shares aims to become a global leader in the cryptocurrency industry and provide seamless access to digital assets for users worldwide.
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