Grayscale is Launching a Trust Based on yEarn.Finance
iHodl.com
Main page News, DeFi
Hot topic
12 February
666 666

Grayscale Investments, the world's largest cryptocurrency asset manager, plans to launch a trust based on the DeFi token yEarn.Finance.

This new investment product has been registered by Delaware Trust Company (DTC), the company's statutory trustee. According to Delaware's website, the registration of the Grayscale Yearn Finance Trust (YFI) took place on February 10.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

The price of the YFI token has soared about 30% over the past 24 hours.

DTC has previously registered six trusts for Grayscale based on Aave, Polkadot, Cosmos, Monero, EOS and Cardano.

In December the company applied to register trusts for Chainlink, Tezos, Basic Attention Token, Decentraland and Livepeer.

Read also:
Please describe the error
Close