Crypto firm raises $25M to value it at $2B

Crypto investment products firm, parent of 21Shares, said on Tuesday it raised $25 million in a funding round led by Marshall Wallace that valued the company at $2 billion.

“With this round of funding, will continue to drive rapid and targeted growth through first-of-its-kind products, key market expansions and strategic talent acquisitions,” said in a statement. .

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