21Shares Launches Cronos (CRO) ETP on Euronext to Boost Web3 Exposure

21Shares AG, a leading European crypto ETP issuer, has launched a new exchange-traded product (ETP) offering direct exposure to the Cronos (CRO) token. Trading under the ticker CRON (ISIN: CH1443364232), the 21Shares Cronos ETP is now available on Euronext Paris and Amsterdam with a 2.5% management fee.

The ETP is designed to simplify access to Cronos for institutional and retail investors through traditional financial platforms, eliminating the need for digital wallets or crypto exchanges. CRO is the native token of the Cronos blockchain, a network known for combining centralized access with decentralized innovation, and is backed by Crypto.com.

Mandy Chiu, Head of Financial Products Development at 21Shares, emphasized the strategic value of adding Cronos to the firm’s expanding lineup. “We’re offering regulated access to a blockchain ecosystem driving real-world Web3 adoption,” she stated. The move reflects 21Shares' broader mission to deliver innovative and cost-effective crypto investment solutions.

Eric Anziani, President and COO of Crypto.com, expressed strong support for the collaboration. “We are excited to partner with 21Shares to broaden investor access to Cronos and the growing Web3 ecosystem,” he said.

Cronos supports over 500 developers and partners, reaching a user base of more than 100 million globally. The network is focused on scalability, interoperability, and AI-powered applications, with use cases in decentralized finance (DeFi) and blockchain gaming. Its core mission is to onboard the next billion users into Web3 through secure and user-friendly self-custody tools.

With this launch, 21Shares continues to bridge the gap between traditional finance and emerging blockchain technologies.