21Shares Launches Regulated Cronos ETP for Web3 Access

By: cointrust|2025/05/06 22:15:01
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21Shares AG has introduced a new exchange-traded product (ETP) focused on Cronos, the native cryptocurrency token of the Cronos blockchain. This latest offering, titled the 21Shares Cronos ETP (CRON), is designed to provide institutional and retail investors with simplified, regulated access to Web3 infrastructure—specifically without the technical barriers typically associated with handling decentralized digital assets directly.The Cronos ETP is now available for trading on both Euronext Paris and Euronext Amsterdam, allowing traditional brokerage account holders to engage with the Cronos ecosystem through conventional financial channels. By bypassing the need for cryptocurrency wallets and decentralized platform navigation, the product aims to make blockchain-based investment more accessible to mainstream investors.A Layer 1 Solution Merging DeFi and Centralized AccessCronos positions itself as a Layer 1 blockchain built on open-source technology. It supports decentralized finance (DeFi) protocols, NFT marketplaces, and a wide range of Web3 tools via decentralized applications (dApps). The network was engineered to bridge Ethereum and Cosmos ecosystems, creating interoperability between centralized and decentralized financial environments.Executives at 21Shares suggested that Cronos sits at a strategic intersection between regulated financial access and decentralized innovation. The launch of a dedicated Cronos ETP is intended to give investors regulated exposure to a blockchain network actively driving Web3 adoption and innovation in real-world applications.Impressive Adoption and Ecosystem GrowthSince its launch in 2021, the Cronos blockchain has experienced significant ecosystem expansion. The platform now supports over 500 developers and partners, and serves a global user base reportedly exceeding 100 million people. The network has recorded more than 100 million transactions and is said to manage digital assets valued at over $6 billion.The team behind Cronos continues to enhance its capabilities, with development efforts now focusing on integrating artificial intelligence (AI) to support applications in gaming, business automation, and financial services. Cronos is also promoting tools that allow developers to seamlessly port applications between Ethereum and Cosmos, aiming to reduce friction in decentralized application development.Officials from Crypto.com, a long-time supporter of the Cronos network, emphasized the importance of creating more access points for cryptocurrency trading. They described the new ETP as part of a broader mission to bring digital assets into the financial mainstream and acknowledged their enthusiasm in collaborating with 21Shares on expanding Cronos’s reach.Bridging Traditional Finance and the Web3 Future21Shares’ growing suite of crypto-based ETPs reflects its strategic role in linking traditional investment frameworks with emerging decentralized systems. With the launch of the Cronos ETP, the firm has strengthened its portfolio and continued its push to make blockchain assets investable through familiar financial instruments.As investor interest in blockchain-driven financial products intensifies, the introduction of this regulated ETP comes at a strategically favorable time. The product offers not only a gateway into a fast-developing blockchain network but also a tool for portfolio diversification amid increasing demand for decentralized application platforms.The firm reiterated its commitment to democratizing access to blockchain technology. Through offerings like the Cronos ETP, 21Shares is enabling a broader investor base to engage with the future of Web3 in a secure, regulated manner.The post 21Shares Launches Regulated Cronos ETP for Web3 Access appeared first on CoinTrust.

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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