Crypto Investing Surges in UK: 21Shares and Stratiphy Partner for Regulated Access
Cryptocurrency investing is gaining traction in the UK, with a quarter of adults considering it for their retirement plans. Meanwhile, the crypto Exchange Traded Products (ETPs) space has witnessed significant growth, reaching €26 billion in 2024, a 300% increase from the previous year. Now, 21Shares and Stratiphy have partnered to provide UK investors with regulated access to cryptocurrencies and digital assets once FCA changes are introduced.
Stratiphy, an investment platform empowering users with personalized and AI-powered strategies, will enable direct investment into crypto ETNs. This follows a successful year for cryptocurrencies, with Bitcoin up 88% and Ethereum up 73% in the last 12 months. The partnership aims to diversify portfolios and provide new opportunities for UK investors.
Russell Barlow, CEO of 21Shares, believes cryptocurrency offers a desirable asset class for portfolio diversification. 21Shares, with its extensive global presence and over $11 billion in assets under management, will bring its expertise to the partnership. Daniel Gold, CEO and Founder of Stratiphy, anticipates high investor demand for digital assets and aims to provide access as soon as the FCA approves crypto ETNs.
The collaboration between 21Shares and Stratiphy is set to revolutionize UK crypto investing. With the potential for crypto ETNs and AI-powered investment strategies, UK investors can soon benefit from the growing crypto market, further diversifying their portfolios.
