
Crypto.com and Canary Capital team up to unveil Cronos Trust!
Date: 2025-05-19 13:24:54 | By Gwendolyn Pierce
Crypto.com and Canary Capital Group Drop Game-Changing Trust for U.S. Investors!
Canary CRO Trust: The First of Its Kind
Crypto.com, the Singapore-based trading powerhouse, just teamed up with Canary Capital Group to unleash the Canary CRO Trust. This isn't just another product; it's the first U.S.-based investment vehicle that lets you dive into the Cronos (CRO) token world, all wrapped up in a neat, regulated package. Now, U.S. investors can hold CRO securely and legally. It's a total game-changer!
From Trump's Truth ETFs to 21Shares ETPs
But wait, there's more! Fresh off their collab with Trump Media & Technology Group, Crypto.com is set to launch a mind-blowing series of digital asset-focused ETFs under the "Truth" brand. These ETFs are all about mixing digital assets like Bitcoin (BTC) and CRO with classic "Made in America" securities. They're gearing up to hit the market later this year, if the regulators give the green light.
And if that's not enough, Crypto.com also just joined forces with 21Shares to roll out an ETP. This bad boy gives you a legit way to tap into the Cronos blockchain and CRO token. It's listed on Euronext Paris and Amsterdam under the ticker CRON, making it super easy for investors to get in on the action without messing with digital assets directly.
CRO Price: Dipping Now, but Watch Out!
Here's the kicker: CRO investors haven't fully caught on to these epic announcements yet. The token's down 6% in the last 24 hours, hovering at $0.093. But don't be fooled—trading volume has skyrocketed by over 50%, showing that the market is buzzing with interest. Remember, when the Trump Media & Technology Group ETF news dropped in March, CRO prices blasted up 30% with a 6X volume spike. With the Canary CRO Trust news spreading like wildfire, we could be on the brink of another explosive move!
Technical Talk: Where's CRO Heading?
From a technical standpoint, CRO seems to be eyeing $0.108 as the next big hurdle, based on those late March highs. Right now, the RSI's sitting at a lukewarm 47, hinting at weak momentum. But if the volume keeps climbing, we might just see a breakout to $0.116—the peak it hit during that wild TMTG ETF announcement on March 25. Buckle up, folks; it's gonna be a wild ride!

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