21Shares urges the European Securities and Markets Authority (ESMA) to establish clear, consistent guidelines around the inclusion of crypto assets in UCITS funds, aiming to enhance investor protection and support a stable, competitive market environment.

The cryptocurrency sector, which includes asset management companies like 21Shares AG, saw a dramatic surge in political contributions and lobbying efforts in 2022. This report suggests that the industry is channeling significant funds to influence political processes, raising concerns about corporate complicity in actions that could bolster authoritarian practices.

Bloomberg reported a dramatic surge in political donations within the crypto industry, with contributions rising by 5200% to a total of $26 million in one election cycle. As a key player in the digital asset management space, 21Shares AG is implicated by association in this trend, raising alarm over the potential influence exerted on political processes and democratic norms.