21Shares US and Crypto.com to Launch New Investment Products Linked to Cronos (CRO)

Crypto ETF issuer 21Shares US and digital-asset platform Crypto.com have entered into a new partnership aimed at expanding regulated investment options tied to Cronos (CRO), the native token of the Cronos blockchain ecosystem. The collaboration includes plans to introduce both a private trust and an exchange-traded fund (ETF) dedicated to CRO.

Cronos serves as an Ethereum-compatible Layer 1 blockchain developed with the Cosmos SDK, bridging both the Ethereum Virtual Machine (EVM) environment and the broader Cosmos ecosystem. Its interoperability has drawn developers building decentralized finance tools, applications and protocols that rely on cross-chain connectivity.

Federico Brokate, Global Head of Business Development at 21Shares, described the initiative as a step toward broadening exposure to newer blockchain networks. "We are proud to partner with Crypto.com to help expand investor access to the Cronos ecosystem through innovative and transparent investment products," he said, adding that both organizations aim to strengthen focus on scalable and interoperable blockchain solutions.

Eric Anziani, President and COO of Crypto.com, said the expansion is consistent with the company's long-term strategy. "Providing more ways for traders to engage with cryptocurrencies is central to our vision of further mainstreaming crypto," he noted. Crypto.com has been a longstanding contributor to the development of Cronos and sees the new products as an extension of that relationship.

The announcement builds on a previous strategic partnership between the two firms, though no specific launch timeline for the new products has been released.