Stratiphy, 21Shares Partner to Revolutionize UK Crypto Investment
Stratiphy, a pioneering wealth management platform, has secured regulatory approval from the Financial Conduct Authority (FCA) in 2024. This green light paves the way for a significant partnership with 21Shares, set to revolutionize crypto investment opportunities for UK investors.
Stratiphy, founded by Daniel Gold, is renowned for its AI-powered investment strategies tailored to individual goals and risk appetites. The platform's AI toolkit includes back-testing and investment automation, mirroring professional investment approaches.
The crypto Exchange Traded Products (ETPs) space has witnessed remarkable growth, with €26 billion traded on European exchanges in 2024, a staggering 300% increase from the previous year. Bitcoin and Ethereum have shown substantial value increases over the last 12 months, demonstrating the potential of crypto as a portfolio diversifier.
Russell Barlow, CEO of 21Shares, expressed enthusiasm about the partnership with Stratiphy. 21Shares, with over $11 billion in assets under management, offers the world's largest suite of physically backed crypto ETPs, providing UK investors with a new avenue for crypto investment once FCA changes are introduced.
The partnership between Stratiphy and 21Shares will enable UK investors to access crypto Exchange Traded Notes (ETNs) through Stratiphy's platform, allowing them to include crypto assets in their investment strategies alongside traditional fiat investments. With a quarter of UK adults considering crypto investment for their retirement planning, as per an Aviva Insurance survey, this development is set to reshape the UK investment landscape.
