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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
21Shares has expanded its DeFi ETP suite with a new product tracking dYdX’s native token. This launch provides regulated access to one of the largest decentralized derivatives protocols. The move reinforces 21Shares’ position as Europe’s leading crypto ETP issuer.
- Provides institutional-grade access to dYdX's decentralized perpetual futures trading platform through regulated exchange-traded product
- Backed by DYDX tokens held with custodians and supported by market maker Flow Traders for liquidity and NAV alignment
- Represents 21Shares' 48th crypto ETP product, reinforcing their position as Europe's largest crypto ETP issuer
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