TechFlow news — 21Shares, a crypto ETP issuer, has announced the launch of its PYTH ETP product, now listed on exchanges in Amsterdam, Paris, and other locations. This product is fully backed by the native Pyth Network token PYTH and tracks the performance of PYTH, offering investors a regulated and transparent way to gain exposure to the rapidly growing decentralized oracle network.
In addition, 21Shares has launched three other new ETP products: ONDO, RNDR, and NEAR, with NEAR being a staking-enabled product.
As an oracle solution, Pyth Network supports over 78 blockchains and delivers more than 500 real-time price feeds. Previously, Pyth introduced Oracle Integrity Staking (OIS), an upgraded oracle security mechanism designed to further enhance data source reliability and the security of the DeFi ecosystem, providing strong support for dApp developers.
