Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
World’s Largest Digital Asset Manager Announces Fund Launch for Two Surprise Altcoins

World’s Largest Digital Asset Manager Announces Fund Launch for Two Surprise Altcoins

BitcoinsistemiBitcoinsistemi2024/12/13 10:33
By:Mete Demiralp

Grayscale, the world's largest asset manager, announced that it has created funds for two surprise altcoins.

Grayscale Investments has introduced the Grayscale Lido DAO (LDO) Trust and Grayscale Optimism (OP) Trust, two new crypto investment vehicles aimed at providing institutional and accredited investors with exposure to key Ethereum ecosystem tokens.

Announced today, these trusts target Lido DAO’s governance token (LDO) and Optimism’s native token (OP), both of which play critical roles in Ethereum’s ongoing development. Lido DAO focuses on staking accessibility, while Optimism addresses Ethereum’s scalability through its Layer-2 solution.

“The Grayscale Lido DAO Trust and Grayscale Optimism Trust provide investors with exposure to protocols that are helping to increase Ethereum’s efficiency, security, scalability, and adoption within the broader DeFi ecosystem,” said Rayhaneh Sharif-Askary, Grayscale’s Head of Product and Research.

Related News Former Binance CEO CZ Talks, This Altcoin Has Surprisingly Soared

The trusts are now available for daily subscriptions, allowing eligible individual and institutional accredited investors to gain exposure to LDO and OP tokens without directly owning them. These vehicles join Grayscale’s suite of single-asset investment products designed to offer safe and regulated crypto exposure for high-net-worth and institutional clients.

Grayscale explained that these investment vehicles are only available to accredited investors, a definition that requires individuals to have a net worth of at least $1 million or a total household income of $300,000.

*This is not investment advice.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!