21Shares and Crypto.com Join Forces on New CRO Trust and ETF

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Well, well, well! 21Shares and Crypto.com are teaming up to roll out a CRO private trust and ETF. It’s like a VIP pass to the Cronos blockchain – totally regulated, transparent, and no, you can’t lose it.

Hold on to your hats folks, because 21Shares and Crypto.com have just announced they’re officially in business together. Their goal? To launch some shiny new investment products that track the Cronos (CRO) token. We’re talking about a CRO private trust and an Exchange Traded Fund (ETF) – because why settle for less when you can have it all?

Partnership Expands the Golden Gates to Cronos

This partnership is like a golden ticket for investors who like things nice and regulated. They’ve opened the gates to institutional investors, those who love their numbers neat and tidy. And let’s be honest, Cronos is no slouch. It’s a top-tier Ethereum-compatible Layer 1 blockchain, with Crypto.com cheering from the sidelines.

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Cronos isn’t your grandma’s blockchain. It’s an open-source, decentralized protocol, built on the Cosmos SDK. It’s like a hybrid car-compatible with both the Ethereum Virtual Machine (EVM) and the Cosmos ecosystem. Think of it as the best of both worlds, without the weird emissions.

The dual compatibility is a big win. Developers can play with their existing tools, dive into the booming dApp and protocol communities, and feel like they’re walking on sunshine. 🌞

Let’s not forget about Cronos’ low transaction costs. It’s as friendly to your wallet as your favorite local coffee shop (but way faster). Scalability? Cronos has it in spades, making it a platform that developers and users can’t help but fall for.

Federico Brokate, Global Head of Business Development at 21Shares, couldn’t be more pleased about this partnership. He’s all in, saying this move opens the Cronos ecosystem to a whole bunch of investors. “It’s innovative, it’s transparent,” he says. And who’s going to argue with that?

He adds that both companies are leading the charge for scalable solutions. Their focus on highly interoperable blockchain tech is paving the way for the regulated exposure that institutions love. It’s the future-regulated, safe, and wrapped up in a shiny bow.

Leaders Stress the “Mainstreaming of Crypto” (Yes, Really)

Eric Anziani, President & COO of Crypto.com, is thrilled about the opportunity to offer more ways for traders to get involved. Because, really, the more people that dive into crypto, the merrier. Anziani’s not just talking the talk; Crypto.com is a major contributor to Cronos and has made it clear they’re in this for the long haul. Get ready, because this is just the beginning of their partnership with 21Shares.

Crypto.com and 21Shares Partnership

As if that wasn’t enough, this latest partnership announcement is just the cherry on top of their already-existing strategic collaboration. These two firms have been working together so smoothly, you’d think they were joined at the blockchain.

Now, the real magic happens: the launch of these regulated products, which cater to all those traditional financial entities that need a safe, compliant entry into the world of crypto. It’s like inviting your grandma to a rock concert and handing her VIP tickets. She’ll love it.

These new trust and ETF products are designed to make it super easy for institutions to jump on the CRO bandwagon. Professional investors, get ready! This is your chance to dip your toes into the world of Cronos and start making moves with real, regulated products.

With this collaboration, Cronos is not just gaining some popularity points; it’s getting serious market legitimacy. This move proves that Cronos isn’t just a flash in the pan-it’s here to stay. By focusing on regulated exposure, the firms are making sure there’s no risk of a nasty surprise for investors.

The whole thing is built on the rock-solid experience that 21Shares brings to the table in structuring products, combined with Crypto.com’s ecosystem expertise. This partnership is ready to unleash a tsunami of capital into the Cronos network. So, buckle up, folks. 🚀

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2025-12-09 03:11