According to Globenewswire, 21.co announced today its new operational structure, preparing for a new growth phase in digital assets and blockchain technology. The operational structure of 21. co will transform from a fully integrated business to two independent core business units -21Shares and 21. co Technologies. 21.co remains the holding company of 21Shares and 21.co Technologies.
The separation of 21Shares and 21.co Technologies enables each entity to focus on its strengths and more easily achieve its respective business goals. 21Shares will continue to focus on asset management and bring the most relevant and high-quality ETPs to the market. In addition, 21Shares will be able to better leverage the interests of global investors in an increasingly favorable regulatory environment, creating significant opportunities for retail, professional, and institutional investors. 21. Co Technologies will focus on developing next-generation products and tools, such as tokenized assets, smart contracts, and risk management, to provide tailored on chain solutions for institutional clients.