Swiss-based crypto asset manager 21shares, has hired abrdn’s Russell Barlow to become CEO of 21shares, and his colleague Duncan Moir as President. abrdn is one of the largest asset managers in the UK with almost $650 billion in assets under management (AUM). 21.co also announced a restructuring, splitting off its technology arm into a separate firm 21.co Technologies, but under the 21.co holding company.
21Shares AUM have grown by two thirds since the middle of the year, now surpassing $10 billion. That’s partly reflected in the run up of crypto prices during that period.
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