Grayscale Investments has announced the launch of two new crypto investment vehicles, the Grayscale Lido DAO Trust and the Grayscale Optimism Trust, providing institutional and accredited investors with exposure to tokens central to the Ethereum ecosystem.
The trusts, launched Thursday, mark Grayscale’s continued expansion into Ethereum-related products, targeting governance tokens of Lido DAO and Optimism. These protocols address two critical areas for Ethereum’s growth: scalability and staking accessibility.
"Grayscale Lido DAO Trust and Grayscale Optimism Trust provide investors with exposure to protocols helping to increase Ethereum's efficiency, security, scalability, and adoption within the broader DeFi ecosystem,” Grayscale Head of Product & Research Rayhaneh Sharif-Askary said.
The new trusts are now available for daily subscriptions, offering eligible individual and institutional accredited investors exposure to LDO and OP tokens without directly holding the assets. The vehicles join Grayscale’s suite of single-asset investment products, which cater to institutional and high-net-worth investors seeking secure, regulated exposure to crypto assets.
The Lido DAO Trust is categorized under Grayscale’s “Financials Crypto Sector,” encompassing assets focused on financial transactions and services. Meanwhile, the Optimism Trust falls under the “Smart Contract Platforms Crypto Sector,” which targets protocols supporting decentralized transactions and applications.
Grayscale stated that the trusts will invest directly in both tokens on the investors' behalf. Grayscale clarified that these offerings are exclusively available to accredited investors, defined as individuals with a net worth of at least $1 million or a combined household income of $300,000.
Over the past 24 hours, the OP price has increased by over 11% in 24 hours to $2.58, while LDO increased by over 20% to $2.28, according to The Block's Prices Page.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。