21Shares Unleashes Cronos ETP: A Game-Changer for Web3 Investors!

Hold onto your hats, crypto fans! 21Shares just dropped a bombshell with their latest exchange-traded product, giving investors a regulated way to dive into the Cronos blockchain and its sizzling CRO token.

This ETP is now rocking the Euronext Paris and Amsterdam scenes under the ticker CRON. With a 2.5% management fee, it's your golden ticket to the wild world of emerging Web3 infrastructure. Buckle up, because this ride is about to get real!

Cronos (CRO) isn't just any blockchain—it's a Layer 1 beast built to power up decentralized finance, NFTs, and AI-infused Web3 apps. Get ready to have your mind blown!

Crypto.com

This network isn't messing around. It's playing nice with both Ethereum and Cosmos, aiming to bridge the gap between centralized and decentralized worlds like a boss.

And guess what? Crypto.com is in on the action, fueling Cronos' growth like a rocket. These guys mean business!

"Cronos is sitting pretty at the crossroads of centralized access and decentralized innovation," says Mandy Chiu, the Head of Financial Products Development at 21Shares. And Eric Anziani, President and COO of Crypto.com, is all in, saying this collab is part of a bigger plan to make crypto investing mainstream. Watch out, world!

What's the secret sauce connecting the EVM ecosystem with one of the world's top crypto exchanges? 🔍

Say hello to Cronos—the 21Shares Cronos ETP, now tearing up Euronext Amsterdam (USD) and Paris (EUR).

Get ready to tap into scalable Web3 with Cronos' mind-blowing multi-layer architecture. Check it out for yourself!

Back in March, Cronos' price shot up like a rocket after a vote to create Strategic Reserves passed and a new proposal to burn 50 million CRO tokens hit the scene.

The vote greenlit minting 70 billion new CRO tokens over 10 years, flipping a previous burn and stirring up some serious dilution drama. But the devs weren't playing around—they fired back with a plan to burn 50 million CRO from the community pool, marking the fourth recent token burn. These guys are on fire!

With this launch, 21Shares is taking no prisoners, expanding their crypto ETP lineup and targeting investors hungry for regulated instruments tied to blockchain ecosystems.

The Cronos ETP is now available through traditional banks and brokers, letting you get your hands on CRO without the hassle of managing digital assets yourself. It's time to level up your crypto game!