Share this article

21Shares Crypto ETP Director Laurent Kssis Departs

Laurent Kssis oversaw the firm’s rapid expansion into crypto-linked investment products.

Updated May 11, 2023, 4:13 p.m. Published Sep 20, 2021, 2:20 p.m.
Laurent Kssis (Laurent Kssis)
Laurent Kssis (Laurent Kssis)

21Shares Managing Director Laurent Kssis has left the crypto exchange-traded product (ETP) issuer after two years on the job.

  • Since joining the firm in July 2019 (when it was still called Amun), Kssis helped to launch a number of crypto ETPs across several European stock exchanges.
  • The products provide exposure to BTC, ETH, BCH, ADA, XLM, DOT and S, allowing investors to ride the market without holding the underlying crypto asset.
  • According to a person with knowledge of the situation who wished to remain anonymous, when Kssis joined the company, assets under management (AUM) were at $30 million. The firm’s AUM surpassed $100 million last year, and have since skyrocketed to more than $1.85 billion.
  • The source said the whopping growth can be attributed to the range of products offered and bitcoin’s price rally.
  • Kssis has held a number of roles across the exchange-traded fund (ETF) sector in his 18-year career. He has worked at Standard & Poor’s, State Street and XBT Provider, a CoinShares subsidiary.
  • A request for comment sent to 21Shares wasn’t returned by press time. Kssis declined to comment.

Read more: 21Shares Launching First Polkadot ETP on SIX Exchange

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

More For You

State of the Blockchain 2025

State of the Blockchain 16:9

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.

What to know:

2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.

This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.

More For You

Coinbase agrees to buy The Clearing Company to deepen prediction markets push

Coinbase CEO Brian Armstrong speaking to House Speaker Mike Johnson on July 18, 2025. (Jesse Hamilton/CoinDesk)

The deal brings a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.

What to know:

  • Coinbase is acquiring The Clearing Company, a startup with experience in prediction markets, to help grow its newly introduced platform.
  • The deal brings in a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.
  • The acquisition is part of Coinbase's plan to become an "Everything Exchange", offering a wide range of trading options, including novel cryptocurrencies, perpetual futures contracts, stocks, and prediction markets.