XRP’s pivotal role in cross-border payments is gaining increased attention as new ETPs launch on Nasdaq Stockholm, signaling a breakthrough in compliant crypto access across Europe.

XRP Accelerates ‘Breakthrough Moment for Crypto in Europe’ with Compliant ETP Access

Cryptocurrency investment firm 21Shares AG, known for pioneering exchange-traded products (ETPs) tied to digital assets, announced a new listing on Nasdaq Stockholm as part of its European expansion plans on March 24.

Headquartered in Zurich and managing over $7.5 billion in assets, 21Shares confirmed: “The newly listed products include the 21Shares Bitcoin Core ETP (CBTC), 21Shares Solana Staking ETP (ASOL) and 21Shares XRP ETP (AXRP).” The company, which operates on 11 major exchanges including Euronext Amsterdam and SIX Swiss Exchange, is looking to expand access to cryptocurrencies for both institutional and retail investors in the Nordic region.

Speaking about the broader strategic shift and regulatory developments, Mandy Chiu, Head of Financial Product Development at 21Shares, said:

This year has been a watershed year for crypto in Europe, with increased confidence thanks to the MiCA regulatory framework and a significant increase in institutional participation.

“Our presence on Nasdaq Stockholm reflects our ambition to simplify crypto investing for European investors,” she added. The newly launched CBTC offers exposure to physically backed bitcoin with a low management fee of 0.21%, while ASOL gives users the ability to earn staking yields via the Solana blockchain. These products provide investors with a regulated way to participate in growing crypto areas such as decentralized finance and blockchain-based identity systems.

Highlighting the strategic value of the XRP offering, the company described:

The 21Shares XRP ETP (AXRP) is fully backed by XRP, providing investors with transparency and regulation around XRP’s critical role in cross-border payments.

With these listings, 21Shares is strengthening its presence in markets where demand for secure, compliant digital asset investments is accelerating. The launch on Nasdaq Stockholm marks another step in the company’s efforts to bridge traditional finance with decentralized innovations, cementing its role as a key player in the global crypto ETP space.