New York, February 26, 2021 (GLOBE NEWSWIRE) – Grayscale investments®, the world’s largest digital resource manager, announces the consideration of several new digital resources for possible new product offerings. The firm, which currently offers accredited investors eight single-asset investment trusts and a diversified fund, continues to look for ways to better meet investors ’growing demand for exposure to digital assets through family, safe and secure investment products. regulated.
Digital assets currently being considered include:
- Aave (AAVE)
- Basic Attention Testimony (BAT)
- Cardano (ADA)
- Chainlink (LINK)
- Compost (COMP)
- Cosmos (ATOM)
- Decentraland (MANA)
- EOS (EOS)
- Filecoin (FIL)
- Flow (Dapper Labs) (FLOW)
- Livepeer (LPT)
- MakerDao (MKR)
- Currency (XMR)
- Cash (MRI)
- Polkadot (DOT)
- Reservation rights (RSR)
- Batteries (STX)
- Sushiswap (SUSHI)
- Synthetix (SNX)
- Tezos (XTZ)
- The chart (GRT)
- Uniswap (UNI)
- Yearn Finance (YFI)
“We look forward to expanding our product offerings to better serve our investors,” said Michael Sonnenshein, CEO of Grayscale. “The digital currency universe is constantly evolving and we seek to identify bold, interesting and innovative opportunities that meet the demand of our investors for a differentiated exposure to this thriving asset class.”
“We may not turn each of these assets into one of our most important investment products,” Sonnenshein continued. “But as a company that has been at the forefront of connecting the legacy financial system with the new digital currency-based financial system, we believe it is our responsibility to introduce investors to more diversity in this space.”
The process of creating a structured investment product similar to those already offered by the grayscale requires significant review and consideration and is subject to substantial internal controls, sufficiently secure custody arrangements, and regulatory considerations. As such, there is no guarantee that the assets listed above will receive the corresponding investment income.
Grayscale’s newly created products will be announced separately at launch.
Investors can access Grayscale’s existing product package, as well as research, resources and more, at grayscale.co.
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Grayscale’s single-asset investment products offer exposure to Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Horizen (ZEN), Litecoin (LTC), Stellar Lumens (XLM) and Zcash (ZEC). In addition, Grayscale’s diversified investment product, the Grayscale® large digital capitalization fund, provides exposure to the best digital currencies by market capitalization.
Grayscale investment products are available to accredited institutional and individual investors through their respective periodic and permanent private locations.
In addition, there are secondary markets for six of Grayscale’s products such as Grayscale® Bitcoin Trust (OTCQX: GBTC), Grayscale® Bitcoin Cash Trust (OTCQX: BCHG), Grayscale® Ethereum Trust (OTCQX: fever), Grayscale® Ethereum Classic Trust (OTCQX: ETCG), Grayscale® Litecoin Trust (OTCQX: LTCN) and Grayscale® Digital Large Cap Fund (OTCQX: GDLC) are publicly traded and available to all individual and institutional investors in the best OTCQX® market and other OTC markets. *
* Each product offers a private location to accredited investors. The investment objective of each product is for its shares (based on digital assets per share) to reflect the value of the digital assets held by that product, less product expenses and other liabilities.
Because each product does not currently operate a redemption program, there is no guarantee that the value of the product’s shares will reflect the value of that product’s assets, less the product’s expenses and other liabilities, and its product shares. product if traded on any secondary market, can be traded at a substantial premium over the value of the assets held by this Product, or at a substantial discount, less expenses and other liabilities of the Product, and this Product may not be able to meet your investment goal.
This press release is not an offer to sell or request an offer to purchase any warranty in any jurisdiction in which such offer or request is illegal, nor will there be any sale of any warranty in any jurisdiction. in which such offer, application or sale would be illegal prior to registration or qualification under the securities laws of that jurisdiction.
As for grayscale investments®
Grayscale Investments is the largest digital currency asset manager in the world, with more than $ 39.1 million in assets managed on February 25, 2021. Through its family of investment products, Grayscale provides access and exposure to the digital currency asset class in the form of traditional security without the challenges of buying, storing, and storing digital currencies directly. With a proven track record and unmatched experience, Grayscale products operate within existing regulatory frameworks, creating safe, investor-friendly exposure. Grayscale products are distributed by Genesis Global Trading, Inc. (FINRA / SIPC member, MSRB registered). For more information, visit grayscale.co and continues @ Grayscale.
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