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21.co

21.Co

21.co is a leader in providing access to crypto through simple and easy-to-use products. As the parent company of 21Shares and Amun, it is the world's largest issuer of crypto exchange-traded products (ETPs). The company also provides onchain access to cross-chain liquidity through its fully collateralized and secured Wrapped Tokens, bridging traditional finance with DeFi for various stakeholders like onchain index and yield protocols.
Zurich, CH

Description

21.co offers Wrapped Tokens that provide onchain access to cross-chain liquidity, connecting the security of traditional finance with the decentralized world. Their products, such as 21BTC, are 100% physically collateralized, with the underlying assets held in cold storage by institutional-grade custodians. The minting and burning processes are centralized and managed by Onyx, 21.co’s proprietary operating system, to enhance cross-chain security. These wrapped tokens introduce liquidity for popular alt-L1 protocol tokens to the Ethereum ecosystem, serving onchain index protocols, yield protocols, and users who wish to consolidate their crypto portfolio into a single ERC-20 wallet. The company emphasizes security through audits by firms like Halborn and the use of Chainlink's Proof of Reserve.