February 9, 2022 – 21Shares AG (“21Shares”), the world’s largest issuer of cryptocurrency ETPs, today announced the launch of its fifth State of Crypto Report with a focus on Web 3.0 in this edition. The research report provides in-depth, data-driven insights on 21Shares’ assessment of the latest in the crypto industry, including the growth of crypto-native applications as part of the foundation-building of Web 3.0, an Internet of Value.
Hany Rashwan, CEO and co-founder of 21Shares said, “We believe in publicly accessible research to drive further crypto adoption and build bridges between traditional finance and crypto finance. We are very pleased to present you with the latest in-depth research report and share our data-driven view on Web 3.0.”
Web 3.0, the third evolution of the Internet, encapsulates a philosophy driven by decentralized internet infrastructure and technology while preserving individual privacy. The report includes a data-driven thesis and visualization about Web 3.0, including topics such as technology stack, Ethereum competitors, the application layer and use cases of Decentralized Finance (DeFi), and Non-Fungible Tokens (NFTs). The report also includes an overview of data infrastructure and regulation.
The market update section reviews the latest industry developments including business updates from crypto-focused companies, significant investment and funding news, global regulatory developments, and technological progressions.
Eli Ndinga, Head of Research at 21Shares, added, “The 5th State of Crypto Report provides a deep dive into the drivers and levers of Web 3.0. We are optimistic about the future of Web 3.0 due to the unparalleled inflows of venture capital support but also the industry’s ability to crowdsource funds through talent networks and initiatives.”
As of February 2022, 21Shares manages more than $2+ billion in 26 cryptocurrency ETPs including the world’s only ETPs tracking Binance, 4 Crypto Index Baskets, and two ETPs with investor staking rewards (Tezos and Solana). Its products are listed on 10 regulated European and Swiss trading exchanges.
Press Contact
Paulo Germann
press@21shares.com
About 21Shares
21Shares takes innovation to the next level with the largest suite of cryptocurrency exchange-traded products (ETPs) in the world. In 2018 it pioneered the world’s first cryptocurrency index listing on the SIX Swiss Exchange, and it continues powering its cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. 21Shares aims to provide all investors with an easy, secure, and regulated way to buy, sell, and short cryptocurrency through existing bank and brokerage accounts. The 21Shares issuance platform, Onyx, is used by both 21Shares and third parties to issue and operate cryptocurrency ETPs around the world. For more information, please visit www.21shares.com.
Disclaimer
This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. This document constitutes advertisement within the meaning of the Swiss Financial Services Act and not a prospectus. This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. This document does not constitute an offer of securities to sell or a solicitation of an offer to purchase in or into the United States, Canada, Australia, or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. This document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"); or (iv) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (v) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The Securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. In any EEA Member State (other than the France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain, Lichtenstein) that has implemented the Prospectus Regulation (EU) 2017/1129, together with any applicable implementing measures in any Member State, the "Prospectus Regulation") this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain, Liechtenstein the 2021 Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com. The approval of the 2021 Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2021 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities.
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