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BitGo and 21shares Boost Global Partnership Across ETFs and Staking
Key Takeaways
- BitGo and 21shares extend their partnership across the US and EMEA to strengthen custody and staking for new crypto ETP products;
- 21shares grows its global ETP platform with $5.7B AUM and relies on BitGo for secure custody, trading tools, and worldwide support;
- BitGo’s regulated, insured framework gives 21shares deeper liquidity, stronger execution, and staking rewards for efficient asset operations.
BitGo Holdings, Inc. and 21shares announced an expanded partnership covering the United States and the EMEA region.
Both companies already worked together, but the new agreement grows their cooperation in custody and staking. The goal is to support 21shares as it adds more crypto exchange-traded products (ETPs) for investors in the US and Europe.
21Shares is one of the major issuers of cryptocurrency ETPs. The company operates in several regions and manages $5.7 billion in assets.
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BitGo provides the operational setup that 21shares uses across its platform. This includes secure custody, trading execution tools, staking access, and support from teams worldwide.
By using BitGo’s services, 21shares can access deeper liquidity, achieve more consistent trade execution across various markets, and offer staking rewards that streamline asset operations.
All services operate within BitGo’s regulated and insured custody framework, which provides institutional protection that many other providers do not.
Andres Valencia, Head of Investment Management at 21shares, said, “BitGo was selected due to the firm’s track record in regulatory compliance, safety and security, and we are thrilled to be expanding our relationship across staking and custody services with this important and trusted partner".
BitGo Holdings recently started the process of going public in the United States, according to a filing with the Securities and Exchange Commission (SEC). What does the filing cover? Read the full story.