BitGo and 21Shares Expand Partnership to Boost Crypto ETP Services
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BitGo Holdings and 21Shares announced an expanded partnership Thursday, adding custody and staking services for 21Shares’ crypto exchange-traded products (ETPs) in the US and Europe. Under the deal, BitGo will provide qualified custody, trading, and execution services, along with integrated staking infrastructure for 21Shares’ US ETFs and global ETPs. Investors gain access to liquidity across both electronic and over-the-counter markets, enhancing efficiency and accessibility for institutional and retail participants alike.
The services will be delivered through BitGo’s regulated entities, including its federally chartered trust bank approved by the US Office of the Comptroller of the Currency (OCC) and its MiCA-licensed European operations under Germany’s Federal Financial Supervisory Authority. 21Shares, a subsidiary of FalconX, is among the largest global crypto ETF issuers, managing 59 ETPs across 13 exchanges with over $5.4 billion in assets. This expansion reflects the growing demand for secure, regulated crypto infrastructure supporting both trading and yield-generating opportunities.
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Custody + staking for ETPs is a strong combo.
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Infrastructure players are quietly winning this cycle.