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Cryptocurrency News Articles

21Shares Launches Cronos (CRO) ETP on Euronext Amsterdam and Paris

May 06, 2025 at 09:25 pm

This launch marks a key move in linking the Ethereum Virtual Machine (EVM) ecosystem with traditional financial markets.

21Shares Launches Cronos (CRO) ETP on Euronext Amsterdam and Paris

The Cronos ecosystem reached a major milestone as the 21Shares Cronos ETP officially debuted on Euronext Amsterdam (USD) and Paris (EUR). This launch serves as a pivotal moment in linking the Ethereum Virtual Machine (EVM) ecosystem with traditional financial markets. Institutional investors can now easily gain regulated access to scalable blockchain infrastructure through the Cronos ETP, which is listed on Euronext. Backed by a trusted multi-layer architecture, the Cronos-21Shares partnership opens the door to Web3 scalability at a time when demand for compliant digital asset products continues to grow.

21Shares Cronos ETP Brings Institutional Access to CRO Token

21Shares, a leading crypto ETP issuer in Europe, has launched the Cronos ETP on Euronext to expand institutional participation in the Web3 economy. This new product provides both secure, transparent access to the CRO without requiring any direct wallet management. Commencing trading on Euronext Amsterdam and Euronext Paris, the listing grants investors in the Eurozone to explore Cronos’ multi-layer architecture and capitalize on the increasing demand for compliant blockchain investment vehicles. The ETP is physically backed, tracking the price of the CRO token with full custody protections, forging a new path for traditional finance to enter the Cronos network.

Cronos’ Web3 Infrastructure Gains Visibility Across European Markets

The launch of the Cronos ETP on Euronext gives European investors direct exposure to a blockchain designed for both EVM compatibility and IBC (Inter-Blockchain Communication). Cronos supports scalable smart contract execution while maintaining low transaction costs. Backed by Crypto.com and integrated across DeFi, gaming, and payments, the network runs on a multi-layer architecture tailored for real-world use cases. This architecture ensures fast settlement and secure cross-chain communication, positioning Cronos for long-term growth.

The new ETP also strengthens the role of 21Shares in building bridges between traditional capital markets and decentralized technologies. As demand for Web3 scalability grows, regulated offerings like this one help legitimize crypto exposure within institutional portfolios. The ETP enables simple access to the CRO while aligning with investor protection standards. It physically backs the CRO token and supports EVM compatibility, bringing together blockchain infrastructure with regulated financial products.

Multi-Layer Blockchain Adoption Rises with Cronos ETP Listing

The Cronos ETP on Euronext is more than a listing; it’s a statement of confidence in the future of Web3 scalability. The partnership with 21Shares underscores Cronos’ commitment to regulated expansion and network adoption. Institutions that once viewed crypto as opaque can now interact with the CRO in a secure, structured format. With its multi-layer architecture and expanding integrations, Cronos stands apart as a blockchain network purpose-built for real-world Web3 applications. Retail and institutional players now access the network’s tools, from DeFi to GameFi, through expanded market opportunities.

What connects the EVM ecosystem with one of the world’s leading crypto exchanges? 🔍Meet Cronos – the 21Shares Cronos ETP, now listed on Euronext Amsterdam (USD) and Paris (EUR).Tap into scalable Web3 with Cronos’ multi-layer architecture. Visit our website to learn more:… pic.twitter.com/3AtDsMYeci

Looking ahead, the Cronos ETP on Euronext opens doors for additional cross-border listings, enhanced liquidity, and broader utility for the CRO token. 21Shares aims to deepen its lineup of regulated crypto investment vehicles, reinforcing demand for secure Web3 scalability options. Cronos will continue to evolve its multi-layer architecture to support faster execution and greater ecosystem interoperability. As blockchain adoption grows, products like the Cronos ETP will be essential to merging crypto-native assets with traditional financial frameworks. Together, Cronos and 21Shares are building a regulated, scalable future for decentralized applications and cross-chain innovation.

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Other articles published on May 07, 2025