Cryptocurrency exchange-traded products provider, 21Shares, expands its reach to 50 listed crypto ETPs across Europe.
In a significant move, 21Shares, a leading European digital asset manager, has launched two new Exchange-Traded Products (ETPs) - the 21Shares Raydium ETP (ARAY) and the 21Shares Artificial Superintelligence Alliance ETP (AFET). The new ETPs are designed to provide investors with exposure to innovative sectors of the crypto news today. AFET offers liquid exposure to the world's largest decentralized AI ecosystem, formed through the merger of Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS. On the other hand, ARAY provides exposure to Raydium, Solana's leading decentralized exchange protocol. Duncan Moir, President of 21Shares, commented on the new launches, stating, "Reaching 50 listed ETPs and surpassing $11 billion in assets under management (AUM) globally reflects 21Shares' commitment to making it simple for European investors to access the most innovative and fast-growing sectors of the crypto news through simple, transparent, and institutional-grade products." 21Shares Raydium ETP (ARAY) is playing a growing role in the tokenization of real-world assets, while ARAY combines deep liquidity, innovative tokenomics, and multi-stream revenue models. Meanwhile, AFET is pioneering a scalable and open AI infrastructure designed to democratize artificial intelligence. With these new launches, 21Shares now offers investors access to 50 physically backed crypto ETPs across Europe, the broadest product lineup in the industry. The company's products are listed on various exchanges, including Euronext Amsterdam and Paris, SIX Swiss Exchange, etc. As a testament to its growing influence, 21Shares is now managing more than $11 billion in assets under management (AUM) globally. The firm, which is the leading gateway to digital assets in Europe, offers the widest choice of physically backed, institutionally designed products. These products bridge traditional finance with blockchain innovation. In conclusion, 21Shares' strategic move to launch these new ETPs underscores its commitment to providing investors with access to the most innovative and fast-growing sectors of the crypto news today. The company's continued growth and expansion are set to redefine the digital asset management landscape in Europe and beyond.
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