21Shares is a leader in the crypto industry and has added four new ETPs to its product portfolio: Ondo ETP (NEAR Protocol Staking ETP), Pyth Network ETP (Pyth Network ETP), Render ETP (Render ETP), and NEAR Protocol Staking ETP. This further solidifies its role as an innovator in providing regulated access blockchain innovation.
These newly-launched ETPs are centered around emerging technologies such as decentralized computing and asset tokenization. They also include price oracles and artificial intelligence. This aligns with the increasing interest in cutting edge crypto solutions.
These ETPs are available from 21Shares: PYTH ONDO RNDR NEAR
Investors can now access the newly-launched 21Shares NEAR Protocols Staking ETP as well as Ondo ETP Render ETP and Pyth network ETP on all major European exchanges including Amsterdam and Paris.
The products are designed to provide a transparent, straightforward and easy way to expose the technologies.
NEAR Protocol Staking ETP
NEAR Protocol Staking ETP is unique in its staking features. The staking reward is automatically reinvested into the product, enhancing overall returns.
NEAR Protocol, built on a proof-of stake blockchain that is scalable and enables decentralized AI while simplifying the crypto infrastructure. NEAR token is currently valued at $6.69 and has seen a remarkable increase of 279.5% over the last year.
Render ETP
Render ETP leverages decentralized GPU render capabilities in the Render Network, powered by RENDER. This platform is designed to address scalability issues in sectors such as AI, Virtual Reality (VR), digital content creation and other high-demand industries.
Render Network’s native token RENDER was recently rebranded as RNDR and priced at $7.93. This represents a 69.4% increase in the last thirty days, and a 153.8% rise over the previous year.
Ondo ETP
The Ondo ETP provides exposure to ONDO, which is the coin that fuels Ondo Finance. Ondo Finance is a platform specialized in tokenized fixed income securities.
The token, priced at $1.06 has seen a 62.3% increase in value in the last month. This makes it an attractive asset for the growing tokenized financial sector.
The Pyth Network ETP
Pyth is the native token for the network of decentralized oracles that delivers high-frequency and real-time data on blockchains.
PYTH’s current price is $0.4509. This represents a steady increase of 28.2% in the past month, and 15.3% for the entire last year.
21Shares demands regulatory clarity for Europe
21Shares, a European investment company that is currently expanding their offerings, has called for more regulatory clarity across Europe.
The Markets in Crypto-Assets framework (MiCA), while addressing stablecoins and trading, leaves gaps for ETFs or ETPs.
21Shares has called on the European Securities and Markets Authority (ESMA) to develop comprehensive guidelines. They stressed the importance of consistency between member states.
21Shares, despite the lack of clarity in the regulatory environment, continues to innovate to provide European investors with a secure, regulated and safe access to Blockchain technologies. Its latest offerings cater to the growing demand for crypto investments.
The post 21Shares launches ETPs PYTH ONDO RNDR and NEAR for European Investors may change as new information becomes available
