Cosmos is a growing ecosystem that is becoming immensely popular these days. Its native cryptocurrency ATOM has become the 16th largest in terms of total market capitalization. Now, 21 shares have listed the world’s first cosmos products.
In a press release shared with CryptoPotato, 21 Shares AG, the world’s leading issuer of cryptocurrency products traded on exchanges, released a list of Exchange Traded Products (ETPs) on the Cosmos blockchain.
- This product is traded on the SIX Swiss Exchange against CHF, EU and USD.
- The press release also stated that the product is aimed at investors who “want to take advantage of the growth trajectory of interoperable decentralized blockchains that are empowering the early stages of the Metaverse.”
- Honey Rashwan, CEO and co-founder of 21 shares has commented about this:
“Cosmos has built a top platform that enables everything from finance to the metaverse. We are excited to launch this product as we continue to build a bridge that has access to the world of cryptocurrencies.”
Meanwhile, according to DeFi Lama data, the value trapped in the Cosmos ecosystem has grown to just under USD 9 billion.
What’s your take on the listing of cosmos? Do you think it can build a bridge between the metaverse and financial world? To share your opinion, comment below.
