21Shares, one of the world’s largest issuers of crypto exchange-traded products (ETPs), has announced the launch of two new offerings in Europe, bringing its total listed products to 50. The additions, focused on artificial intelligence (AI) and DeFi, could spark renewed interest in tokens like Fetch.ai and Raydium , both of which remain well below their all-time highs but are seeing increasing trading activity. 21Shares Expands With AFET and ARAY The new products include the 21Shares Artificial Superin ...

Core Insights - 21Shares has launched two new physically backed crypto ETPs, reaching a total of 50 listed ETPs in Europe, solidifying its position as the largest issuer in the market [1][3][2] - The company manages over $11 billion in assets under management (AUM), demonstrating the scale and resilience of its product offerings [2][3] Company Overview - 21Shares is recognized as one of the leading providers of cryptocurrency exchange-traded products (ETPs), offering the largest suite of physically backed crypto ETPs globally [4] - Founded to enhance accessibility to cryptocurrency for investors, 21Shares aims to bridge traditional finance with decentralized finance [4] New Product Launches - The 21Shares Artificial Superintelligence Alliance ETP (AFET) provides exposure to a decentralized AI ecosystem, while the 21Shares Raydium ETP (ARAY) offers access to Raydium, a leading decentralized exchange protocol [6] - These new ETPs are designed to democratize access to innovative sectors within the crypto economy [6]