French banking giant Societe Generale has entered the crypto space more directly, forming a strategic partnership with 21Shares.
As the world’s 19th largest bank, its involvement marks a significant institutional milestone for Bitcoin and Ethereum exposure in Europe.
Under the new agreement, Societe Generale will act as a liquidity provider and market maker for 21Shares’ suite of crypto ETPs. These include physically backed products such as ABTC, CBTC, AETH, and CETH—covering both Bitcoin and Ethereum.
The bank will offer over-the-counter (OTC) liquidity to enhance trading and accessibility across Germany and Eastern Europe. This move is designed to strengthen the ETPs’ market depth and ensure more efficient execution for institutional clients.
The partnership brings 21Shares’ flagship crypto products onto Societe Generale’s existing market-making platforms. This integration opens the door to a broader range of professional investors and deepens institutional access to regulated crypto exposure in the region.
Alistair Byas-Perry, global head of investments at 21Shares, welcomed the development:
“We’re excited to work with Societe Generale, a leader in European ETFs. Their support helps us deliver secure, efficient crypto investment solutions to a wider audience.”
As traditional finance and crypto markets continue to converge, this collaboration signals growing confidence in Bitcoin and Ethereum investment products among Europe’s largest financial institutions.
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