21 shares lists world’s first cosmos (atom) etp

21 shares lists world’s first cosmos (atom) etp
Reviews & LongReads
Like? Do Rank It! Likes

Cosmos is an ecosystem that is booming in popularity of late, and its native cryptocurrency, ATOM, has grown to become the 16th largest in terms of total market capitalization. 21 actions put the world's first cosmos on record.

  • In a press release shared with CryptoPotato, 21 Shares AG, the world’s leading issuer of cryptocurrency exchange-traded products, announced the listing of an ETP for the Cosmos blockchain.
  • The product will trade against CHF, EU and USD on Switzerland's six currencies.
  • The release also indicates that the product is geared towards investors looking to 'capitalize on the growth trajectory of interoperability, decentralized blockchains that promote the early stages of the metaverse."
  • Hany Rashwan, CEO and cofounder of 21 Shares, said:

Cosmos has built a world-class platform that can deliver anything from finance to metaverse. We are pleased to launch this product as we continue to build widely accessible bridges in the crypto world.

  • Meanwhile, the value locked in the Cosmos ecosystem has grown to slightly less than $9 billion, according to data from DeFi Lama.
Source: DeFi Lama