21Shares Bets on CRO: Is Cronos the Next Big Web3 Gateway?
21Shares launches a Cronos ETP, giving investors access to CRO and pushing Web3 adoption into traditional markets. Is this a sign of what’s next?
Swiss-based investment firm 21Shares AG has launched a new Exchange-Traded Product (ETP) centered on Cronos (CRO), the native token of Crypto.com. This move offers traditional investors regulated access to CRO without the need to manage wallets or private keys — a major step toward mainstream Web3 adoption.
The timing is strategic. With rising interest in real-world use cases of blockchain, 21Shares is aiming to bridge traditional finance (TradFi) with decentralized technologies. Cronos, known for its fast and low-fee transactions, powers a growing ecosystem of DeFi, NFTs, and metaverse projects.
While CRO’s price hasn’t made major waves recently, this ETP could draw new capital and visibility — possibly setting the stage for a long-term rally if broader markets recover.
Think CRO has potential? Comment below and follow Trafy.io for more investor-focused crypto news!
