Prime broker FalconX to buy 21Shares amid crypto M&A spree: report

**FalconX Acquires 21Shares in Major Cryptocurrency M&A Deal to Expand Digital Asset Trading**

Prime cryptocurrency broker FalconX is acquiring Switzerland-based 21Shares in a significant blockchain industry merger that highlights the ongoing consolidation within the digital asset sector. This strategic acquisition combines FalconX's robust crypto trading infrastructure with 21Shares' established exchange-traded product (ETP) franchise, positioning the merged entity to launch innovative cryptocurrency investment funds.

The deal represents another major move in the accelerating crypto M&A landscape, as institutional demand for Bitcoin, Ethereum, and other digital currencies continues growing. FalconX, known for providing liquidity solutions to institutional clients, will leverage 21Shares' expertise in creating regulated crypto investment products across European markets.

This merger could significantly impact the cryptocurrency trading ecosystem by creating a more comprehensive platform for institutional investors seeking exposure to blockchain assets. The acquisition strengthens FalconX's position in the competitive digital asset management space, where firms are racing to capture market share amid increasing mainstream adoption of cryptocurrencies and DeFi protocols. Financial terms remain undisclosed, but the deal underscores the sector's rapid maturation.