21Shares Launches DYDX ETP, Bringing Decentralized Derivatives to Institutions

In a significant move for the DeFi space, 21Shares has launched its new 21Shares DYDX Exchange-Traded Product (ETP), offering institutional investors secure and compliant access to dYdX’s on-chain derivatives market. This marks a crucial step in bridging traditional finance with decentralized finance, enabling institutional investors to easily participate in the rapidly growing sector of decentralized financial instruments.