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.

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