21 Shares launched the Raydium ETP product ARAY, bringing the total number of cryptocurrency ETPs in the European market to 50

ChainCatcher news, according to GlobeNewswire, cryptocurrency exchange-traded product issuer 21 Shares AG announced the launch of two physically-backed ETPs in Europe: 21 Shares Artificial Superintelligence Alliance ETP (AFET) and 21 Shares Raydium ETP (ARAY).

The former primarily invests in decentralized artificial intelligence ecosystems, covering Fetch.ai, SingularityNET, Ocean Protocol, etc., while the latter invests in the Solana decentralized trading protocol Raydium token RAY. As of now, 21 Shares has launched a total of 50 crypto ETP products in the European market.