Home
News Detail

Institutional investors now have regulatory access to DeFi derivatives through 21Shares

Source: CoinWorld
21Shares AG has launched DYDX ETP on the Euronext in Paris and Amsterdam, providing institutional investors with regulated access to the decentralized derivatives market. The physically supported ETP fee rate is 2.5%, and is powered by DYDX tokens from dYdX Chain, which has accumulated transaction volumes of more than $1.4 trillion. Powered by dYdX Treasury subDAO, the product is designed to connect traditional finance and decentralized finance, providing a channel to obtain on-chain benefits without directly interacting with the blockchain. The launch of ETP is in line with dYdX's move to enter new markets, including physical assets and spot trading, and aims to seize global derivatives market share.
Link copied to clipboard