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Crypto.com and Canary Capital Smash Through Regulatory Walls with First US-Approved CRO Trust
Crypto.com and Canary Capital Smash Through Regulatory Walls with First US-Approved CRO Trust
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Wall Street’s gatekeepers just got a new headache—Crypto.com and Canary Capital have launched the first US-regulated trust for CRO, the native token of Crypto.com’s ecosystem. This isn’t just another crypto product—it’s a Trojan horse for institutional adoption.
Why it matters: The SEC-approved structure gives institutional investors a compliant on-ramp to CRO exposure without the regulatory side-eye. Finally, hedge funds can ape into crypto with paperwork to match.
The cynical take: Nothing gets tradfi moving like the smell of fresh fees—now asset managers can charge 2-and-20 for the privilege of holding a token that’s still down 60% from its ATH. Progress!
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