Press Release : 21Shares Successfully Completes Stock Split On Its Crypto ETPs

 
   Zurich - 21 April 2021 - 21Shares AG, the Swiss pioneering fintech ETP 
issuer is delighted to announce that it has completed its Corporate 
Action event consisting of a stock split for 10 of its ETPs. The event 
marks a first in the crypto asset ETP segment. 
 
   The event was triggered to broaden the accessibility by employing 
forward share splits of the majority of its ETPs for which the 
underlying cryptoassets have rallied by more than 50% in the last 4 
months. 
 
   The board of directors of 21Shares carefully monitors the health of the 
products to ensure that they are performing as expected as well as 
constantly monitoring developments in crypto assets. Employing a stock 
split enables the firm to keep the ETPs to trade at prices within 
efficient and accessible ranges.  The stock split went into effect on 
April 12th and lowered the ETP's per security net asset value and 
increased the number of securities outstanding (see attached chart). 
 
   "This corporate event marked an important milestone in the life of the 
company and demonstrates the strong performance of the underlying asset 
class as well as the ability of the firm to deliver ETP stock spilts at 
an early stage of its growth." Said Laurent Kssis, 21Shares Managing 
Director, Global Head of ETP. 
 
   "As crypto assets continue to gain traction and huge interest from 
institutional investors, splitting the ETPs has achieved 2 key things, 
firstly tightening the bid/ask spreads for the benefit of investors and 
secondly lowering the price point to allow smaller minimum investment as 
the price of crypto assets continues to reach record highs." concluded 
Hany Rashwan, CEO of 21Shares. 
 
   Tickers, ISINs and WKNs (Kuerzel) of the products remained unchanged. If 
any investors have questions about their holdings and the impact of the 
stock split, they should contact [e-mail] 
https://www.globenewswire.com/Tracker?data=-lc1seSdlfNHxbViMKlPb3t7sP3L_XDsKBw_pVQimTsca5Q544dXcsDTrDVbMhV4y7Y__zWRpMvgL2fDk1cWTg== 
or visit the website on www.21shares.com. 
 
   About 21Shares 
 
   Founded in 2018, 21Shares AG ( formerly Amun) is the leading crypto 
fintech issuer of ETP in Switzerland. It aims to make investing in 
crypto assets as easy as buying shares using your conventional broker or 
bank. Investors can invest in cryptocurrencies using a conventional ETP 
structure (or tracker) easily, with total confidence, security and 
cost-effectively thanks to the 21Shares suite of ETPs now composed of 12 
Crypto ETPs : the 21Shares Crypto Basket Index ETP (HODL:SW), 21Shares 
Bitcoin (ABTC:SW | 21XB:GY), 21Shares Ethereum (AETH:SW | 21XE GY), 
21Shares XRP (AXRP:SW | 21XX:GR), 21Shares Bitcoin Cash ETP (ABCH:SW | 
21XC:GY), 21Shares Binance ETP (ABNB:SW), 21Shares Tezos ETP (AXTZ:SW), 
21shares Bitcoin Suisse ETP (ABBA:SW), 21Shares Bitwise 10 ETP (KEYS:SW), 
Sygnum Platform Winners Index ETP (MOON:SW), 21Shares Short Bitcoin ETP 
(SBTC:SW | 21XS:GY), 21Shares Polkadot ETP (ADOT:SW | PDOT:GR). The 
entire suite is listed on a regulated framework on the official market 
of Deutsche Boerse, SIX Swiss Exchange, BX Swiss, the Wiener Boerse and 
MTF on Börse Stuttgart in CHF, USD, GBP and EUR respectively. 
Incorporated and headquartered in the canton of Zug, with offices in 
Zurich and New York, the company has launched several world firsts, 
including the first listed crypto basket index (HODL) ETP in November 
2018 and currently manages assets of 1.5 billion US Dollars. In order to 
always be up to date, 21Shares AG has established an in-house research 
team. 
 
 
 
   Press Contact Laurent Kssis [phone] [e-mail] 
 
   Disclaimer 
 
 
 
   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 for sale in or into the United States, 
Canada, Australia or Japan. This document does not constitute an offer 
to sell, or a solicitation of an offer to purchase, any securities in 
the United States. 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 Austria, Belgium, Denmark, Finland, France, Germany, Great 
Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, 
Spain and Sweden) 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 Austria, Belgium, Denmark, Finland, France, 
Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, the 
Netherlands, Norway, Spain and Sweden the 2019 Base Prospectus (EU) is 
made available on the Issuer's website under 
https://www.globenewswire.com/Tracker?data=TwB9lr3a190R7TVPZFxKETGenxWN6aeQHYNaG0Sfh_jN4k3e9aO44LDp_LcVIGnnY53WFAzjrB7BMr-jo5T4Ep_gW5qPgT9x8NaivRDqMZNs5yeP6GStQaHE0Bd-UNhNByvWLGYp9ffRkdBLAWNcf3vmzeG2Zwv7EH3u1xjeB1of14Am7IRkmiFKk-rQHVCx86kG7eKEluPEDbj6dFz_csPGoCUVMhXB6YX48hfUGms= 
www.21Shares.com. The approval of the 2019 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 2019 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. You are about to purchase a product that is not simple and 
may be difficult to understand. 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. Copies of the current Base Prospectus dated 13 
November 2020 are available free of charge from the website of the 
Issuer. Subject to applicable securities laws, the Base Prospectus and 
the final terms of any product mentioned herein can be obtained from 
21Shares AG on the website. Copies of this document may not be sent to 
jurisdictions, or distributed in or sent from jurisdictions, in which 
this is barred or prohibited by law. The information contained herein 
does not constitute an offer to sell or the solicitation of an offer to 
buy, in any jurisdiction in which such offer or solicitation would be 
unlawful prior to registration, exemption from registration or 
qualification under the securities laws of any jurisdiction. 
 
 
 
   Attachment 
 
 
   -- Stock Split 
      https://ml-eu.globenewswire.com/Resource/Download/5296cd7f-1865-4aa9-a6b2-1571af885e58

(END) Dow Jones Newswires

April 21, 2021 02:30 ET (06:30 GMT)