Crypto investment firm 21.co is celebrating with millions of dollars raised in its latest funding round
The parent company of 21Shares says it’ll drive rapid growth and offer a range of new products for crypto investors after a boost in funding.
The post-money valuation makes it Switzerland’s largest crypto unicorn.
“With this round of financing, 21.co will continue to drive rapid, targeted growth through first-of-their-kind products, key market expansions and strategic talent acquisitions.”
21.co
This comes as other digital currencies fall after the Federal Reserve’s latest rate hikes and rising inflation.
In fact, some investors are ditching these riskier assets altogether for more secure investments.
Bitcoin was down 4.5 per cent after the Labor Day holiday in the U.S. It’s pushed the world’s largest crypto below $19,000.
Meanwhile, Ethereum was 2 per cent lower as it looks to cut its emissions by 99 per cent.
