Key Points:
- 21Shares has registered its Polkadot Trust Fund in Delaware, enabling investors to gain exposure to Polkadot’s innovative blockchain ecosystem.
- The company previously introduced four new cryptocurrency ETPs in Europe, focusing on areas like asset tokenization, AI, and decentralized computing.
21Shares successfully filed its Polkadot Trust Fund in Delaware, which turned out to be a landmark moment for the company developing its footprints in crypto investment.
Read more: 21Shares Unveils Exciting Staking Feature for Ethereum Core Staking ETP
21Shares Registers Polkadot Trust Fund to Expand Blockchain Investment Opportunities
The idea lies in increasing access to Polkadot exposure for investors, an interoperable blockchain platform that is much talked about by the town due to its scalability.
The Polkadot Trust Fund is likely to have appeal for both institutional and retail investors looking to diversify their portfolios with advanced blockchain solutions. Polkadot has garnered significant interest due to its ability to host numerous blockchains on one network, which is expected to push innovation in the blockchain space.
Institutional Players Accelerate Adoption of Blockchain Technology
As a prominent participant in the digital assets arena, 21Shares has remained at the forefront of new investment product development. This November, the company launched four new ETPs within European markets.
These new ETPs are connected with Pyth Network, Ondo, Render, and Near Protocol, each with solutions aimed at price oracles, tokenization of assets, decentralized computing, and artificial intelligence, respectively.
Meanwhile, Franklin Templeton, one of the world’s largest investment companies, has also made a move to jump into the crypto market. It has filed an application with the U.S. SEC for a cryptocurrency index ETF tracking the price of Bitcoin and Ethereum.
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