# 21Shares

> 21Shares is a VC fund in Zug backing Cryptocurrency and Finance. See 6 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Zug, Switzerland
- Total investments: 6
- Last investment: Jul 2026
- Lead investor: 17%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/21shares/
- X (Twitter): https://twitter.com/21shares_
- Website: https://21shares.com/

21Shares is a VC fund in Zug focused on Cryptocurrency and Finance. 21Shares makes investing in cryptocurrencies easy by using conventional brokers or banks. 21Shares offers a simple way to enter the crypto market.Investors can purchase the company's crypto ETP easily, safely, and in complete security in a regulated framework on the SIX Swiss Exchange in USD, Euro and GBP, BX Swiss in CHF, Boerse Stuttgartin Euro, DB Xetra as well as Wiener Boerse ( Vienna Exchange) in Euro. IT is the most expansive suite of crypto ETPs available on regulated European exchanges.21Shares is led by a team of talented entrepreneurs and experienced professionals from the asset management and banking industry.

## Contacts

5 contacts available for 21Shares. Shizune tracks 4 team members at 21Shares. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/amun?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Venture - Series Unknown | $10M–$10M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Cryptocurrency | 4 | 67% |
| Finance | 3 | 50% |
| Blockchain | 3 | 50% |
| Financial Services | 3 | 50% |
| FinTech | 1 | 17% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Venture - Series Unknown | 2 | 33% |
| Seed | 1 | 17% |
| Series A | 1 | 17% |
| Funding Round | 1 | 17% |
| Initial Coin Offering | 1 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Arab Emirates | 2 | 33% |
| India | 1 | 17% |
| Turkey | 1 | 17% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Russell Barlow | CEO | 1 | https://shizune.co/investors/profile/russell-barlow-2da6 |
| Hany Rashwan | Co-Founder & CEO | 1 | https://shizune.co/investors/profile/hany-rashwan |
| Lucy Reynolds | COO | 0 | https://shizune.co/investors/profile/lucy-reynolds-bfc5 |
| Ophelia Snyder | Chief Product Officer | 0 | https://shizune.co/investors/profile/ophelia-snyder |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Ethereum Institutional | Ethereum Institutional is a non-profit organization that focuses on increasing institutional use of the Ethereum ecosystem, including its Layer 2 networks and applications. The organization provides institutional education and engagement for banks, asset managers, custodians, fintechs, market infrastructures, and public institutions evaluatingEthereum. It produces neutral research explaining how Ethereum works, its development roadmap, and its implications for institutional users. Ethereum Institutional also coordinates ecosystem marketing around ETH and real-world deployments to inform institutional strategies. In addition, it gathers industry requirements for tokenization, custody, and settlement on Ethereum and convenes events where institutions and Ethereum ecosystem stakeholders can discuss priorities and implementation approaches. |  | Seed | Jul 29, 2026 |  |
| De.Fi | DEFIYIELD is the cross-chain asset management protocol that empowers you to succeed and stay safe in DeFi. It controls digital assets with a full suite of innovative tools. They invest confidently, supported by auditing experts. |  | Initial Coin Offering | Jan 01, 2024 |  |
| BiLira | BiLira is a stable cryptocurrency that offers payment systems solutions that can be used by anyone, 24/7, and anywhere. It aims to ensure the safe use of Turkish stable crypto money in the financial world in an accessible, fast and transparent manner that is accessible to everyone. With TRYB received on the BiLira platform, users can directlytransfer Turkish Lira to contracted stock exchanges, trade cryptocurrencies, or transfer them to compatible digital wallets, and evaluate their assets in various areas such as decentralized finance and NFT in the blockchain world. | $2.5M | Series A | Apr 21, 2022 |  |
| FLUID | FLUID is the AI quant-based liquidity aggregator providing best execution for CeFi and DeFi at ultra-low latency. | $10M |  | Apr 13, 2022 |  |
| FLUID Finance | FLUID is the ultra-low latency CeDeFi liquidity aggregator that uses AI quant-based models to tackle fragmented liquidity in virtual asset markets. | $10M | Venture - Series Unknown | Apr 13, 2022 |  |
| FluidAI | FluidAI makes tokenized market access more efficient for institutions, trading platforms, and retail investors by using predictive AI-based models to solve inefficiencies in digital asset markets. FluidAI is driven by technologists, academics, data scientists, institutional digital asset platform founders, and investment bankers whose experiencespans across tier-one TradFi and crypto institutions such as Bank of America, HAYVN, Goldman Sachs, JP Morgan, Jefferies, Bloomberg, Citigroup, Refinitiv, and leading data science academic institutions such as Imperial College London, and Blekinge Institute of Technology, Sweden. | $10M | Venture - Series Unknown | Apr 01, 2022 |  |

6 of 6 investments shown.

## Co-investors
- [Ghaf Capital Partners](https://shizune.co/investors/profile/ghaf-capital-partners) — VC Fund, 3 deals together
- [GSR Ventures](https://shizune.co/investors/profile/gsr-ventures-management) — VC Fund, 2 deals together
- [3F](https://shizune.co/investors/profile/3f-a805) — VC Fund, 1 deal together
- [ADI DLT Foundation](https://shizune.co/investors/profile/adi-dlt-foundation) — VC Fund, 1 deal together
- [Aerodrome Finance](https://shizune.co/investors/profile/aerodrome-finance) — VC Fund, 1 deal together
- [Alameda Research](https://shizune.co/investors/profile/alameda-research) — VC Fund, 1 deal together

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## FAQ

### What does 21Shares invest in?

21Shares invests primarily in Cryptocurrency, Finance and Blockchain startups, most often at Venture - Series Unknown and Seed stage. Most of the 6 investments tracked by Shizune back companies in United Arab Emirates. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is 21Shares's check size?

21Shares typically joins rounds of $10M–$10M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds 21Shares participates in.

### How do I contact 21Shares?

Public channels for 21Shares include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at 21Shares?

The team at 21Shares includes Russell Barlow (CEO), Hany Rashwan (Co-Founder & CEO) and Lucy Reynolds (COO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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