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Ark Investment’s Cathie Wood Joins Board of 21Shares Parent
“21Shares is forging a new path for crypto ETPs by leading with research and a keen understanding of this developing asset class,” said the investor.
Ark Investment Management CEO Cathie Wood has joined the board of cryptocurrency platform Amun Holdings, the parent company of 21Shares, which specializes in exchange-traded products.
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- Wood announced Monday she has joined Amun’s board after personally investing in the operator of 21Shares AG, according to a Bloomberg report. She met the Amun team at a conference in 2019.
- “21Shares is forging a new path for crypto [exchange-traded products] by leading with research and a keen understanding of this developing asset class,” Wood told the publication.
- Amun was founded in 2018 by Hany Rashwan, the CEO, and Ophelia Snyder, the president. In early 2020, the company changed its name and branding to 21Shares, although Amun remains the name of the parent company of the ETP provider.
- 21Shares' instruments are listed on the Swiss, Austrian and German exchanges.
Read more: 21Shares Launching First Polkadot ETP on SIX Exchange
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
