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Crypto.com and 21shares Announce Strategic Partnership to Expand Access to the Cronos Ecosystem
Globenewswire· 2025-12-08 14:30
Core Insights - A strategic partnership has been established between 21shares and Crypto.com to launch new investment products tracking the Cronos (CRO) token [1][2] - The partnership aims to create a CRO private trust and ETF, enhancing regulated access to the Cronos blockchain, which is Ethereum-compatible and built using the Cosmos SDK [2][3] - This collaboration is intended to provide innovative and transparent investment products, expanding investor access to the Cronos ecosystem [3] Company Overview - 21shares is recognized as one of the leading cryptocurrency exchange traded product (ETP) providers, offering a wide range of crypto ETPs and aiming to bridge traditional finance with decentralized finance [5] - Founded in 2016, Crypto.com is a leader in regulatory compliance and security in the cryptocurrency industry, with a vision of making cryptocurrency accessible to everyone [4] - 21shares operates as a subsidiary of FalconX, leveraging its resources to accelerate growth while maintaining independent operations [6]