Crypto investment products company 21.co, the parent company of 21Shares, said it had raised $25 million in a funding round led by Marshall Wallace that valued the company at $2 billion on Tuesday.

“With this funding round, 21.co will continue to drive rapid, targeted growth through first-of-its-kind products, key market expansion, and strategic talent acquisition,” 21.co said in a statement.

• Stocks Under F&O Ban: Steel Authority of India, and Others 
• Overnight Stock Market Movements: Key Developments 
• RRP Defence Secures Rs 30 Crore Order from BEL 
• Rail Vikas Nigam Shares Gain on Rs 1,002 Crore Contracts 
• LTM Shares Slump 2% on Plans to Acquire Technology and Consulting Services

The post-money valuation makes 21.co “Switzerland’s largest crypto unicorn,” the company said.