CRO revs up to launch on Wall Street

Source: Criptonoticias Original Title: CRO revs up engines to launch on Wall Street Original Link: https://www.criptonoticias.com/mercados/cro-calienta-motores-largar-wall-street/ Cronos (CRO), the cryptocurrency issued by a major exchange platform, is preparing for its launch from Wall Street.

This week, the exchange and 21Shares, an investment product issuer, announced a partnership to launch a cronos exchange-traded fund (ETF) on the market.

The president and chief operating officer highlighted that the goal of the alliance is “to offer more ways for traders to interact with digital assets, which is fundamental to our vision of greater cryptocurrency integration.”

Market Impact

The arrival of these regulated products will, if successful, boost CRO’s exposure among traditional investors and bring more liquidity to the ecosystem.

Additionally, ETFs facilitate the entry of corporate capital, as their operation works similarly to buying a common stock.

If this initiative is approved, CRO would join bitcoin (BTC), XRP, solana (SOL), dogecoin (DOGE), and other cryptocurrencies with a presence in these types of financial instruments.