PANews reported on December 3 that, according to Globenewswire, 21.co today announced the company's new operational structure, preparing for the new growth stage of digital assets and blockchain technology. 21.co's operational structure will transition from a fully integrated business to two independent core business units - 21Shares and 21.co Technologies. 21.co remains the holding company for 21Shares and 21.co Technologies.
The separation of 21Shares and 21.co Technologies will allow each entity to focus on their own strengths and more easily achieve their respective business goals. 21Shares will continue to focus on asset management and bring the most relevant and high-quality ETPs to the market. Additionally, 21Shares will be able to better leverage the growing interest of global investors in the 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, providing customized on-chain solutions for institutional clients.
