Grayscale Investments launches cryptocurrency trusts
The asset manager indicated that this measure seeks to respond to global demand for this type of product
Asset manager Grayscale Investments announced the launch of five cryptocurrency-based trusts.
As detailed by the company, this measure seeks to respond to the global demand that has been generated in terms of investments in digital assets.
The management of Grayscale Investments believes that cryptocurrencies have reached a tipping point where the demand for investment tools is higher than ever from users.
These tools will work in the same way as those that already existed on the platform, and the only difference is in the type of asset used.
The new options present investment opportunities for the following assets: basic attention token, chainlink, decentraland, filecoin, and livepeer. These new possibilities are added to the Grayscale list where trusts for bitcoin, bitcoin cash, ethereum and others already exist.
These new investment possibilities will be available to accredited institutional and individual investors. They will be able to access the tools through their regular and continuous private placements.
K. Tovar
Source: Bitcoin.es
