Homburger with 21Shares on acquisition by FalconX

Homburger advised 21Shares on the completion of a merger by absorption, pursuant to which FalconX, acquired 21Shares’ ultimate parent company. The transaction was completed in November 2025.

Following the merger, 21Shares continues to operate as an independent company within the FalconX group, retaining its existing management team and brand.

The Homburger team

Margrit Marti (corporate/M&A, pictured left) and Benjamin Leisinger (capital markets/financial market regulation, pictured right) co-led the Homburger team on the matter, working alongside Stefan Oesterhelt, Reto Heuberger, Peter Müller, Philippe Gobet and Philippe Stiegeler (all tax), Olivier Bühlmann and Carolina Rodriguez (both corporate / M&A), Gregor Bühler (data protection and employment), as well as Stefan Bindschedler and Simone Gloor (financing).