21.co will tap into Crypto.com’s BTC liquidity, and both parties aim to build on the partnership with future announcements to come.
21.co, the parent company of 21Shares – one of the world’s largest issuers of crypto exchange traded products (ETPs), has teamed up with Crypto.com in a strategic partnership.
As part of the partnership, 21.co Wrapped Bitcoin (21BTC) will source Bitcoin liquidity from Crypto.com, leveraging the exchange’s deep liquidity. Looking ahead, 21.co and Crypto.com intend to build on the strategic partnership, with future announcements in the pipeline.
“We are thrilled to integrate 21BTC with Crypto.com, enhancing user access to crypto and marking the starting point of a long-term, strategic partnership. As two leaders in digital asset innovation, know-how and operations, the 21.co – Crypto.com partnership creates a powerful combination,” said Eliezer Ndinga, Head of Strategy and Business Development, Digital Assets at 21.co. “Crypto.com is one of the world’s largest digital assets exchanges serving over 100 million users globally. As one of the world’s largest issuers of crypto ETPs, 21.co brings asset management best practices and operational excellence to the world of wrapped assets.”
“This partnership is a strong demonstration of how our exceptional liquidity can support the innovations of companies like 21.co and how Crypto.com is constantly aiming to better serve our existing customers,” said Eric Anziani, President and COO of Crypto.com. “21.co is a proven global crypto company, driving innovation across multiple ETP, ETF and tokenisation projects. By coming together, we will offer retail and institutional crypto traders the liquidity solutions they need in the market of today and tomorrow.”
21.co and Crypto.com recognise the importance of increasing access to crypto for investors around the world, and the partnership brings together two firm’s with deep digital assets expertise to help support users as they navigate the crypto ecosystem.
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