Grayscale Investments Announces Five New Investment Trusts
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17 March
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Grayscale Investments, a cryptocurrency asset manager, has rolled out five new investment trusts, bringing the total number of investment products up to 14.

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According to a press release, the new trusts are the following one:

  • Grayscale Basic Attention Token Trust
  • Grayscale Chainlink Trust
  • Grayscale Decentraland Trust
  • Grayscale Filecoin Trust
  • Grayscale Livepeer Trust

Grayscale CEO, Michael Sonnenshein, says cryptocurrencies have finally reached an "inflection point."

"Investor demand has never been higher, and every day we’re seeing new entrants to what has surely become a bona fide asset class," Sonnenshein added.

The above-mentioned trusts will be added to the existing ones, including Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (GETH). The investment products are available to institutional and individual accredited investors.

Digital Currency Group to Buy $250M Stake in Grayscale Bitcoin Trust

As iHodl reported in February, Grayscale was exploring new cryptocurrencies for potential new product offerings, including aave (AAVE), cardano (ADA), compound (COMP), uniswap (UNI), and many others. However, Sonnenshein noted the company might not include each of the above mentioned assets into its landmark investment products.

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