US Edition21Shares Launches DYDX ETP, Unlocking Institutional Access to On-Chain Derivatives
11 Articles
11 Articles
21Shares launches dYdX ETP as institutions circle crypto derivatives – MAXBIT
21Shares has launched the first fund tracking dYdX’s native token, offering investors exposure to DeFi derivatives protocol. Switzerland-based 21Shares, one of Europe’s largest issuers of crypto exchange-traded products, has launched the first fund tied to dYdX, a decentralized exchange (DEX) specializing in perpetual futures. According to an announcement shared with Cointelegraph, dYdX has processed over...
With this product, 21Shares seeks to open paths for institutions to start investing in the ecosystem of decentralised finance, this through one of its most recognized platforms. *** 21Shares releases dYdX's ETP at Euronext. Kraken, Cboe and Bitget expand crypto derivatives. Institutions gain regulated access to dYdX through this new product. Swiss company 21Shares, recognized as one of the largest suppliers of cryptocurrency listed products (ETP…
Key news: 21Shares launched an ETP linked to the DYDX token, offering institutional investors regulated access to one of the main DeFi protocols. The product is physically backed by DYDX tokens guarded and its operation is supported by the dYdX Treasure subDAO. DYDX has managed more than $1.4 billion in 230 perpetual markets, and the ETP allows investment in a similar way to a traditional ETF, with liquidity and efficient prices insured. Swiss f…
21Shares Launches dYdX ETP on Euronext for DeFi Access
The new dYdX ETP from 21Shares brings exposure to decentralized derivatives in Europe. dYdX has processed $1.5T in trades, with 15K weekly users and strong platform growth. Investors gain access to a fully backed product with $11B in assets under 21Shares. European investors will soon gain direct exposure to decentralized derivatives as 21Shares launches the dYdX ETP on Euronext Paris and Amsterdam. The product, trading under the ticker DYDX, is…
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