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Crypto.com and 21Shares US collaborate to launch Cronos ETF and private trust
21Shares US is teaming up with Crypto.com to create regulated investment products tracking the Cronos (CRO) token, including a private trust and ETF, according to a Monday statement. The collaboration seeks to expand regulated access to the Cronos blockchain, an Ethereum-compatible layer 1 blockchain utilizing the Cosmos SDK, known for its low transaction costs and high scalability. Recently, Crypto.com applied for a federal charter with the US Office of the Comptroller of the Currency to enhance its custody solutions and expand Cronos-related services. “Providing more ways for traders to engage with ... (full story)
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