Crypto.com and 21Shares US collaborate to launch Cronos ETF and private trust
From cryptobriefing.com
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 cryptocurrencies ...
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