Crypto.com and 21Shares announced a strategic partnership to expand regulated access to the Cronos ecosystem through new investment vehicles tied to the CRO token. The firms plan to introduce both a private trust and an ETF.
Cronos, an Ethereum-compatible Layer 1 network built on the Cosmos SDK, has grown its developer base through dual EVM and Cosmos interoperability, low transaction costs, and scalable infrastructure. The initiative positions both companies to capitalize on rising institutional interest in diversified blockchain ecosystems beyond the major networks.
Executives from both firms emphasized the importance of regulated access and product innovation. 21Shares highlighted the ability to offer transparent investment pathways, while Crypto.com underscored its long-standing involvement in supporting Cronos. The partnership follows an existing collaboration between the companies and reinforces the broader trend of asset managers expanding offerings tied to emerging crypto networks.
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