21 shares of Crypto ETPS providers launched the 21 share DYDX ETP, offering institutional investors a safe and regulated way to invest in DYDX, the token that powers the DYDX chain. This new product is designed to provide exposure that complies with the Defi Derivatives market. It is supported by Dydx Treasury Subdao and its operators, KPK.
DYDX is a decentralized derivatives protocol that handles trading volumes of over $1.4 trillion. 21Shares Dydx ETP bridges the gap between Tradfi and Defi, making it easier for institutional investors to enter the growing chain derivatives market.
21Share led product development, managed regulatory approvals and ensured that it met the requirements for institutional transactions.
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