FalconX acquiring 21Shares in cash-and-equity deal to expand into crypto ETFs
FalconX, the crypto brokerage founded by Raghu Yarlagadda in 2018, has agreed to acquire 21Shares, one of the biggest names in crypto exchange‑traded funds, according to the Wall Street Journal. The companies reportedly said that the deal will merge their platforms to create a larger player focused on crypto investment products. The transaction was paid for [...]