According to CNA reports, 21.co, the parent company of Switzerland-based ETF issuer 21Shares, and an encrypted investment product company 21.co, completed a $25 million financing at a valuation of $2 billion. Marshall Wace led the round, Collab+Currency, Quiet Ventures, ETFS Capital and Valor Equity Partners and others participated in the investment, and the funds raised will be used to continue to drive growth through first-of-its-kind products, key market expansion, and strategic talent acquisitions. In addition, the post-money valuation makes 21.co "the largest encrypted unicorn in Switzerland."