Powering growth in Europe with 21Shares
Zodia Custody appointed as custodian for 21Shares' physically backed ABTC ETP
Our impact
Enhanced security with air-gapped cold storage infrastructure
Streamlined FCA compliance
Increased liquidity through streamlined withdrawals
The challenge
The digital asset ETP market is experiencing explosive growth, a trend 21Shares actively shapes with their innovative product offerings. Recognising that secure custody is a critical element in attracting institutional investors, 21Shares sought to strengthen their European custody network. Their key focus was twofold: establishing an additional layer of security by partnering with a new FCA-compliant custodian and facilitating faster and more efficient withdrawals for investors.
The solution
Our unwavering commitment to security and compliance made us the ideal partner for 21Shares. Our strategic collaboration empowers 21Shares with a comprehensive suite of solutions designed to strengthen security and unlock new growth opportunities in Europe.
A foundation of unwavering security
At the core of our solution lies an unwavering commitment to the highest security standards. 21Shares now benefits from Zodia Custody’s FCA-registered, air-gapped cold storage infrastructure. This industry-leading technology safeguards their ETP assets with exceptional protection, fostering trust and confidence among European investors.
Enhanced liquidity and streamlined withdrawals
We prioritised seamless integration. This empowers 21Shares to offer instant withdrawals for investors, reducing traditional delays associated with the process. By removing this barrier to entry, 21Shares significantly enhances product liquidity, making their ETP offerings even more attractive to European investors.
Detailed reporting and visibility
Beyond increased security and liquidity, the collaboration offers 21Shares access to a network of authorised market participants. This expanded network opens doors to potential new partnerships, further propelling their growth in the European market.
A partnership for continued growth
Our comprehensive custody solutions provide 21Shares with a robust foundation for continued growth in Europe. Enhanced security, increased liquidity, streamlined compliance, and access to authorised market participants empower 21Shares to expand their product offerings, attract new investors, and solidify their position as a leading innovator in the European ETP market.