Crypto.com Launches the Canary CRO Trust in Partnership with Canary Capital Group

This product is the first U.S.-based trust offering secure and compliant exposure to Cronos (CRO).

Crypto.com has teamed up with Canary Capital Group to expand regulated access to Cronos (CRO) with the Canary CRO Trust. This product is the first U.S.-based trust offering, providing a structured vehicle for institutions and accredited investors to gain structured exposure to CRO.

This partnership further expands on Crypto.com’s goal to offer digital asset products within compliant investment frameworks. The trust is designed to provide a secure and efficient method for U.S. clients to participate in the Cronos ecosystem.

Canary Capital will handle operational management of the trust and Crypto.com will provide token-related infrastructure, ensuring the trust meets all regulatory requirements and maintains transparency and investor protections.

This launch is part of Crypto.com’s broader strategy to integrate digital assets with familiar financial products, aiming to make blockchain-based investing seamless and regulatory-compliant across global markets.

Earlier this year, Crypto.com aligned with Trump Media & Technology Group to introduce digital asset ETFs under the “Truth” brand. These ETFs will combine CRO and Bitcoin with equities classified as “Made in America” securities.

This dual approach aligns digital tokens with conventional U.S. investments and targets broader capital pools. The ETFs, pending regulatory clearance, aim to debut later this year on major U.S. exchanges.

Crypto.com anticipates these approvals will help bridge the gaps between digital assets and mainstream finance, expecting the products to appeal to traditional market participants seeking exposure to blockchain technology.

This ETF strategy also uses to diversify portfolios and broaden appeal. Together with the launch of the CRO trust, this expands institutional-grade offerings and confirms Crypto.com’s intent to unify decentralized finance with structured investment products.

Earlier this year, Crypto.com joined forces with 21Shares to introduce an ETP listed on Euronext Paris and Amsterdam, providing European clients with regulated exposure to the Cronos (CRO) token.

Available under the ticker CRON, this ETP eliminates the need for users to manage wallets or direct token storage, offering a seamless and efficient entry point for those interested in gaining exposure to CRO.

Selecting Euronext aims to expand access to CRO across international borders and streamline integration with major financial hubs. This partnership supports growing European interest in regulated digital products.

Despite the recent market pressure, which saw a 6% drop in the last 24 hours, trading activity remains active with a 50% increase in volume.

This surge in volume follows the launch of the Canary CRO Trust, providing U.S. institutions and accredited investors with a structured channel to gain exposure to the CRO token.

Technical analysis indicates a key resistance level at $0.108. A breakout above this level could trigger further price gains and attract additional buying pressure.

After a period of consolidation, the Relative Strength Index (RSI) on the 14-day timeframe has risen above the 50-point neutral mark, suggesting that bullish momentum is gradually returning to the market.

This shift in momentum could indicate a potential reversal in the prevailing bearish trend. However, it's important to note that sustained price action above the $0.108 resistance is crucial for a significant breakout.

As the dust settles on the Trump Media & Technology Group deal, attention shifts to the broader strategy of integrating digital assets with familiar financial products.

Crypto.com's goal is to make blockchain-based investing seamless and regulatory-compliant across global markets. The firm's collaboration with Canary Capital Group to create a U.S. investment product focused on Cronos (CRO) is a key part of this plan.

The newly launched Canary CRO Trust will give qualified U.S. clients access to the CRO token through a regulated channel. This partnership further expands on Crypto.com's goal to offer digital asset products within compliant investment frameworks.

The product structure supports secure custodianship and regulated exposure for clients seeking alternatives to direct token ownership. Crypto.com ensures the trust meets all regulatory requirements and maintains transparency and investor protections.

Canary Capital will handle operational management of the trust and Crypto.com will provide token-related infrastructure. Together, they aim to broaden the appeal of digital assets to a wider segment of the investment community.