The Technology M&Ateam advised FalconX on an agreement to acquire 21shares, the provider of the world's largest suite of cryptocurrency exchange-traded funds and products (ETFs/ETPs). The transaction represents a major milestone in FalconX's strategy to accelerate the convergence of listed markets and digital assets, while strengthening its global presence across the US, Europe, and Asia-Pacific.
In one of the most significant ETP industry transactions in recent years, the acquisition brings together 21shares' expertise in asset management product development and distribution with FalconX's institutional-grade infrastructure, structuring capabilities, and risk management platform. Together, the two firms will accelerate the creation of tailored investment products that meet growing institutional and retail demand for regulated digital asset exposure.
FalconX is a leading digital asset prime brokerage for the world's top institutions. The company provides comprehensive access to global digital asset liquidity and a full range of trading services. FalconX's 24/7 dedicated team for account, operational and trading needs enables investors to navigate markets around the clock. FalconX Bravo, Inc., a FalconX affiliate, was the first CFTC-registered swap dealer focused on cryptocurrency derivatives.
The Goodwin deal team was led byJustin Smith,Michael Homer,Graham LaBran-Boyd,Gloria Kim,Cooper Murphy,Neel Sitaramya,Ora Grinberg,Garrett Gaughan,Grace Wirth,Bradley Stewart,April Sun,Laura Conway,Alex Fisher,Emma Randall,Kevin Lam,Patrick Park,Thomas Serino,Jackie Klosek,Reema Moussa,Curtis McCluskey,Joseph Ndep, Elliot Luke,Jacob Osborn,Justin Shields,Paul Jin,Arom Yun,Michael Casaburi,Peter LaVigne,Jeremy Senderowicz,Celine Moille,Karen Ubell, andSammy Tang.