21Shares Parent Co 21.co Raises $25M: Institutions Favoring Altcoins Over Bitcoin?

Switzerland-based digital currency investment firm 21.co, the parent company of 21Shares, has raised $25 million in a funding round led by London-based hedge fund Marshall Wace, marking a significant development in the crypto investment landscape. This funding positions 21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, as “Switzerland's largest crypto unicorn,” according to the firm's announcement on 6 de sept. de 2025. Other investors also participated.

Why is this significant? This $25 million capital infusion signals growing institutional interest in crypto, particularly in areas beyond Bitcoin. The parent crypto ETF issuer 21Shares is known for its altcoin ETPs, suggesting that institutional investors might be diversifying their crypto portfolios, potentially favoring altcoins over Bitcoin. This funding round allows 21.co, the new empresa matriz del proveedor de productos cotizados (ETP) 21Shares, to maintain its tag as Switzerland's largest crypto unicorn, and further expand its offerings.

6 de sept. de 2025 saw 21.co, backed by Cathie Wood's Ark Invest, announcing the successful completion of its second funding round, valuing the company at a staggering $2 billion. Crypto investment product company 21.co has recently raised $25 million led by Marshall Wace, suggesting confidence in their long-term strategy. Is this a sign of things to come? Are we seeing a shift where institutions are increasingly allocating capital to altcoins through vehicles like 21Shares' ETPs? Keep checking back for updates as we continue to analyze the implications of this funding and its potential impact on the broader crypto market.