CRO said in the statement that Crypto.com and the Director of Asset CANARY CANAITAL are launching an American investment box designed to provide exposure to the original Cronos Blockchain code, in a statement.
Canary CRO TRUST will hold CRONOS (CRO) icon at the Cover of an Organized Box, Crypto.com He saidAdding that confidence is not a trading box (ETF) and is only available for accredited investors.
Eric Anziani, president and CEO of Crypto.com, said in a statement that the creation of organized funds such as CRO TRUST is part of the Crypto.com plan for “more encryption generalization.”
In March, Crypto Exchange has made a partnership with the Trump Media & Technology Group, a subsidiary of US President Donald Trump, to launch a series of investment funds circulating in the field of traded investment funds, including one of CRO.
Trump’s investment funds are still awaiting the approval of the US Securities and Exchange Committee (SEC), which have not yet been seen by any investment funds circulating in the United States, Crypto.com He said.
Related to: 21 Shares launches ETP for Crypto.com Cronos Tokeen
Cronos Environmental System
Cronos is the Blockchain Layer-1 network of Crypto.com. The series is designed to integrate with Echerum and Cosmos and support for decentralized financing applications (Defi), non -stable symbols (NFTS), and other Web3 applications.
The series has a total value of the TVL lock about $ 440 million, according to Data From Devilia. Its most popular application is VVS Finance, the Defi Plastic Plastic Plastic and Return Agriculture.
CRO has a market capital of about $ 880 million as of May 19, according to market data at CointeleGRAPH.
Altcoin Etf files
Since Trump took office in January, he pointed to a more suitable approach to encryption in the organization, prompting asset managers to seek to list nearly 70 new encryption boxes.
In May, the asset manager Vaneck to include ETF was linked to another sequence of the BNB original BNB series. The series is affiliated with Binance, the largest central exchange in the world.
In the same month, 21shares launched an ETP product in Europe Provide exposure to Cropo.com Cro code.
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