TL;DR Breakdown
- 21Shares has launched a new exchange-traded product to offer regulated exposure to the CRO token.
- The Cronos ETP is listed on Euronext Paris and Euronext Amsterdam to expand access through traditional brokerage platforms.
- Investors can gain exposure to CRO without using cryptocurrency wallets.
- The ETP simplifies the crypto investment process for both institutional and retail investors.
- 21Shares aims to bridge traditional finance and blockchain ecosystems through regulated crypto products.
21Shares AG has introduced a new exchange-traded product (ETP) to provide regulated exposure to the CRO token. The Cronos ETP (CRON) trades on Euronext Paris and Amsterdam, allowing investors access through traditional brokerage platforms. This move aims to simplify cryptocurrency investing while supporting broader access to decentralized technologies.
The new ETP removes the need for digital wallets or blockchain platforms, streamlining the investment process for institutions and retail traders. 21Shares continues to bridge traditional financial systems and Web3 ecosystems by expanding its portfolio of regulated crypto investment products. The product aligns with the growing interest in decentralized finance and blockchain-based assets.
By listing on two major European exchanges, 21Shares enhances visibility and access to Cronos, Crypto.com’s native blockchain network. The launch targets users seeking secure, regulated exposure to digital assets within conventional financial environments and strengthens 21Shares’ position as a leading digital asset ETP provider.
21Shares Opens Door to CRO Investment
The Cronos ETP grants investors direct exposure to CRO without needing blockchain experience or technical tools. It operates within standard financial infrastructure, thus reducing the entry barriers to decentralized markets. This strategy appeals to mainstream investors who value security, regulation, and convenience.
21Shares designed the product to support increasing demand for Web3 technologies in global investment portfolios. It uses regulated listings to offer a simplified path into blockchain innovation for both new and seasoned traders. The ETP represents a step forward in aligning digital finance with traditional financial systems.
With Crypto.com backing the Cronos network, the token benefits from high user adoption and trusted infrastructure. The ETP reflects the combined efforts of industry leaders to promote transparency and scalability. This collaborative approach ensures wider availability of blockchain assets through established trading systems.
Cronos Enhances Blockchain With AI Integration
Cronos functions as a Layer 1 blockchain that merges Ethereum and Cosmos, enhancing compatibility across decentralized ecosystems. It supports decentralized applications, NFTs, and DeFi protocols, providing the foundation for the CRO token’s utility. These features contribute to CRO’s growing market relevance and adoption.
The network processes high transaction volumes while maintaining low costs and strong security. Over 100 million transactions and more than 500 developers validate its operational capacity. The ecosystem also protects over $6 billion in assets, showcasing trust among users and partners.
Cronos continues expanding its capabilities by exploring artificial intelligence integration in gaming and financial services. The blockchain facilitates cross-chain development using Ethereum and Cosmos tools, easing app creation.