As per CoinPaper, FalconX's acquisition of 21Shares is seen as a pivotal move for the upcoming XRP ETF (TOXR) and institutional adoption of crypto. The merger combines FalconX's institutional infrastructure with 21Shares' ETF expertise, enabling the creation and distribution of spot crypto funds at scale. TOXR, which has received SEC registration and a Cboe BZX listing, is now ready for imminent trading, offering regulated exposure to XRP. The integration is expected to streamline access, improve liquidity, and enhance settlement efficiency for institutional investors.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.

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