The Swiss Crypto ETP issuer has reached $1 billion in assets under management. In just over two years, 21Shares AG is now one of the elite management companies in the world with over $1 billion in assets. 21Shares AG, the pioneering Swiss asset manager of crypto trackers, has officially passed the US$1 billion milestone in assets under management. 21Shares AG saw its assets increase 200 times. “We are extremely happy to have reached a critical milestone in such a short time. The growth in our ETP business is largely due to the incredible efforts of our team, and the loyalty and trust of our clients,” said Ophelia Snyder, co-founder and president of 21Shares. The success of the Swiss start-up can be attributed to the rapid appreciation and acceptance by institutional investors in the crypto-asset sector. It also depends on its proven track record in listing exchange-traded products.