21Shares Launches dYdX ETP on Euronext Exchanges

21Shares just dropped a crypto bombshell—dYdX ETP hits Euronext exchanges, giving traditional finance another taste of DeFi's disruptive potential.

Gateway to Decentralized Trading

This isn't just another crypto product—it's a bridge between old-school finance and DeFi's bleeding edge. Investors now get regulated exposure to dYdX's native token without wrestling with wallets or gas fees.

Institutional Adoption Accelerates

Euronext's listing signals mainstream validation for decentralized protocols. Suddenly, trading derivatives on-chain doesn't seem so niche anymore.

Regulatory Chess Move

21Shares outmaneuvers regulatory hurdles by packaging DeFi innovation into a familiar wrapper—because nothing makes compliance departments happier than slapping a ticker on revolutionary tech.

Traditional finance finally gets to invest in the infrastructure trying to replace it—ironic, isn't it?

Tapping Into the Derivatives Market

This MOVE is aimed at the huge market for crypto derivatives, which is estimated by Charles d’Haussy, CEO of the dYdX Foundation, to be worth $28 trillion. Currently, DeFi’s share of the global derivatives market is less than one percent, highlighting significant room for growth. A spokesperson for 21Shares also mentioned future plans to introduce DYDX staking and an auto-compounding feature for the ETP.

The 21Shares DYDX ETP start is a big step toward making the DeFi ecosystem ready for institutional capital. It gets rid of big operational problems that kept traditional financial players from using leading DeFi protocols before by providing a SAFE and regulated way to buy on well-known exchanges like Euronext. This product is a regulated gateway that could let new money move into the on-chain derivatives space. It also shows that there is a growing need for legal exposure to digital assets.

Also Read: US SEC Extends Review of solana ETFs from Bitwise & 21Shares