Grayscale Investments, the world's largest cryptocurrency asset manager, has announced the launch of two new investment trusts: the Grayscale Bittensor Trust and the Grayscale Sui Trust.
These two new digital asset investment product offerings expand Grayscale's rich portfolio of cryptoasset-based products, and reflect its strong commitment to meeting growing investor demand for diversified exposure to the digital asset market.
Currently, Grayscale Investments provides its clients and investors the opportunity to access the main cryptocurrencies on the market, such as Bitcoin, Ethereum, Chainlink, Solana, Filecoin, Near Protocol, Stellar, Zcash, among others, at a time when interest in These digital assets continue to increase.
In total, the digital asset management firm has launched 18 crypto-based investment products.
SUI and TAO join Grayscale's investment products
Recently, Grayscale Investments announced the launch of two new trusts, which focus on two specific tokens in the crypto market: SUI and TAO. The first of these, the Grayscale Sui Trust focuses on investment in SUI, the token that underpins the Sui Network blockchain protocol, which is a high-performance network designed to enable the development of highly scalable decentralized applications on a global level. The second fund announced, the Grayscale Bittensor Trust, focuses on investing exclusively in the TAO token, the native asset of the Bittensor protocol, which encourages the development of open source Artificial Intelligence.
Rayhaneh Sharif-Askary, head of product and research at Grayscale, said in a release his enthusiasm for the inclusion of Sui and Bittensor in the firm's suite of investment products, highlighting that Grayscale Investments' focus on emerging technologies not only expands investment options for its clients, but also positions the firm as a leader at the intersection of cryptocurrencies and technological innovation.
“We believe Bittensor is at the center of the growth of decentralized artificial intelligence, while Sui is redefining the smart contract blockchain”Sharif-Askary said.
According to the statement, the new trusts are now open for daily subscriptions by accredited investors, both individual and institutional.
Options for investors with interest in cryptocurrencies are growing
The launch of these two new cryptocurrency investment trusts comes against a backdrop of growing interest in digital assets, reinforcing their commitment to providing investors with access to assets that are at the forefront of the crypto and blockchain ecosystem.
Since its founding in 2013, the firm has become a key player in the cryptocurrency industry, offering investors the opportunity to access the main digital assets in the market by capitalization, through products that are regulated and that are relatives. Grayscale has been a pioneer in creating products that allow institutional and retail investors to participate in the growth of cryptocurrencies without the need to directly manage digital assets.
Now, with the integration of two new cryptocurrencies to its extensive portfolio of digital asset products, the firm is once again demonstrating its ability to adapt and offer products that reflect market trends. Grayscale is also demonstrating its ability to identify opportunities in the cryptocurrency space.
Following the announcement of its new investment products, the crypto community has highlighted Grayscale's proactive focus on emerging technologies to enable its investors to participate in the future of the digital economy.
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