United States-based 21.co, the parent company of 21Shares, and Singapore-based cryptocurrency exchange firm Crypto.com, have on Monday announced that they have entered into a strategic partnership.

Central to the partnership, 21.co Wrapped Bitcoin (21BTC) will source Bitcoin liquidity from Crypto.com, leveraging the exchange’s deep liquidity, competitive fees and state-of-the-art matching engine, the duo said in a statement.

Looking ahead, 21.co and Crypto.com intend to build on the strategic partnership, with future announcements in the pipeline.

“We are thrilled to integrate 21BTC with Crypto.com, enhancing user access to crypto and marking the starting point of a long-term, strategic partnership,

“As two leaders in digital asset innovation, know-how and operations, the 21.co–Crypto.com partnership creates a powerful combination,” said Eliezer Ndinga, Head of Strategy and Business Development, Digital Assets at 21.co.

“Crypto.com is one of the world’s largest digital assets exchanges serving over 100 million users globally,

“As one of the world’s largest issuers of crypto ETPs, 21.co brings asset management best practices and operational excellence to the world of wrapped assets,” he added.

Eric Anziani, President and Chief Operating Officer of Crypto.com, said this partnership is a strong demonstration of how they exceptional liquidity can support the innovations of companies like 21.co and how Crypto.com is constantly aiming to better serve their existing customers.

“21.co is a proven global crypto company, driving innovation across multiple ETP, ETF and tokenization projects,

“By coming together, we will offer retail and institutional crypto traders the liquidity solutions they need in the market of today and tomorrow,” he added.

With growing excitement and momentum for crypto, 21.co and Crypto.com said they have recognized the importance of increasing access to crypto for investors around the world.

The 21.co–Crypto.com partnership brings together two firm’s with deep digital assets expertise to help support users as they navigate this exciting ecosystem, they said.

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