21Shares Debuts Decentraland ETP: Institutions Dive Deeper into the Metaverse
The metaverse is gaining serious institutional traction! Leading the charge is 21Shares, el emisor más grande del mundo de productos negociados en bolsa de criptomonedas (ETP), with the launch of their Decentraland (MANA) ETP. This exciting development signals a significant step forward for mainstream adoption of virtual world assets.
21Shares announced the listing of three new crypto ETPs for Decentraland, AAVE, and FTX Token in the European market, aimed at higher adoption. This expansion allows institutional investors easier access to the rapidly growing metaverse ecosystem. The Decentraland ETP provides a regulated and secure way to gain exposure to MANA, the native token of the Decentraland platform.
This move follows 21Shares Launches World’s First ETP Offering Single Asset Exposure to Lido DAO, demonstrating their commitment to providing innovative investment products in the crypto space. Now, with the Decentraland ETP, institutions have another avenue to explore the potential of virtual real estate and digital experiences.
Beyond Decentraland, 21Shares introduces a SAND token ETP, meaning that all the ETP investors will indirectly be investing in the Sandbox Metaverse. This underlines their broader strategy of providing access to key metaverse platforms. According to Ophelia Snyder, 21Shares is dedicated to simplifying crypto investment for a wider audience.
The world’s largest issuer of crypto ETP’s 21Shares announced two new ETPs – tracking the performance of Decentraland and FTT. Both products will go live on the... This highlights the continued diversification of 21Shares' product offerings, making it easier for institutional investors to navigate the complex world of digital assets and participate in the metaverse revolution.
With these new ETPs, 21Shares solidifies its position as a pioneer in the crypto ETP market, paving the way for greater institutional involvement in the metaverse and the broader digital asset landscape.