PANews reported on September 12 that according to The Block, 21.co, the parent company of crypto ETP issuer 21Shares, launched eight encapsulated tokens, including BTC, BNB, XRP, ADA, and Solana, aiming to expand the adoption of DeFi. 21.co said that like its other products, its encapsulated tokens are built on its proprietary operating system, Onyx. Based on these wrapped tokens, Index Coop will launch a new index token called Index Coop Large Cap Index (IC21), which will allow one IC21 token to be used to access a series of 21.co wrapped tokens. Specifically, the token will provide access to a number of non-Ethereum Virtual Machine (EVM) blockchain tokens on the Ethereum network.

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