Overview
- 21Shares and Crypto.com announced a strategic partnership to develop regulated investment products tracking the Cronos (CRO) token.
- The plan outlines a CRO private trust and an exchange-traded fund intended to broaden institutional and mainstream access to the Cronos ecosystem.
- The companies indicated the initiative is forward-looking and contingent on product development, custody arrangements, and regulatory clearances, with no launch dates or listings disclosed.
- Cronos is described as an Ethereum-compatible Layer 1 built with the Cosmos SDK that prioritizes low fees and scalability, supporting its case for tradable exposure.
- Crypto Briefing reported that Crypto.com has applied for a U.S. OCC federal charter to enhance custody capabilities, a move that could support these regulated offerings if approved.