On December 8, 2025, 21Shares US, recognized as one of the largest issuers of crypto exchange-traded funds (ETFs), announced a strategic partnership with Crypto.com, a leading global cryptocurrency services provider. This collaboration aims to develop new investment products that specifically track the Cronos (CRO) token, underscoring a significant stride towards expanding regulated access to the Cronos blockchain, a prominent Ethereum-compatible Layer 1 network.
The proposed initiative includes establishing a private trust and ETF for CRO, aligning with the growing demand for institutional-grade exposure to digital assets. Cronos, an open-source blockchain protocol built on the Cosmos SDK, offers compatibility with both the Ethereum Virtual Machine (EVM) and the Cosmos ecosystem. This dual compatibility enhances the flexibility for developers by allowing them to utilize existing tools while engaging with a vibrant community of decentralized applications (dApps) and protocols. Furthermore, Cronos is designed to prioritize low transaction fees and effective scalability, rendering it a compelling choice for both developers and end-users.
Federico Brokate, Global Head of Business Development at 21Shares, expressed pride in collaborating with Crypto.com to enhance investor access to the Cronos ecosystem. He highlighted the shared vision of both companies in promoting scalable and interoperable blockchain solutions, reinforcing the commitment to delivering regulated exposure to key crypto assets.
Eric Anziani, President and COO of Crypto.com, emphasized the company’s dedication to mainstreaming cryptocurrencies. He noted that facilitating additional avenues for traders to interact with crypto is central to their vision. Crypto.com has a long history of supporting the Cronos blockchain, and Anziani reiterated excitement for the opportunity to partner with 21Shares to allow a wider range of investors to engage in the CRO ecosystem.
This announcement comes on the heels of an earlier strategic partnership between 21Shares and Crypto.com, aimed at fostering innovation across both organizations.
Founded in 2016, Crypto.com has rapidly gained the trust of millions worldwide, positioning itself as an industry leader in aspects like regulatory compliance, security, and privacy. The company advocates for the seamless integration of cryptocurrency into everyday financial activities, with a vision encapsulated in the motto “Cryptocurrency in Every Wallet™.”
21Shares, recognized for providing a diverse array of cryptocurrency exchange-traded products (ETPs), was established to facilitate wider access to digital investments and to bridge the divide between traditional and decentralized finance. The company has a notable track record, having introduced the world’s first physically-backed crypto ETP in 2018. Backed by a specialized research team and leveraging proprietary technology, 21Shares is committed to delivering innovative investment solutions.
As both companies embark on this transformative initiative, they aim to unlock new growth opportunities and advance the broader adoption of cryptocurrency in the financial landscape. However, prospective investors are advised to proceed with caution, as the information shared does not constitute an official investment offer, and the risks associated with forward-looking statements should be considered.
