2024-12-13
December 12, 2024 –Grayscale
Investments®, a leader in cryptocurrency asset management, has announced the
launch of two new investment products: the Grayscale® Lido DAO Trust and the
Grayscale® Optimism Trust.
These offerings expand Grayscale’s
suite of over 25 crypto investment products and provide accredited investors
exposure to key governance tokens shaping the Ethereum ecosystem.
The Lido DAO Trust focuses on LDO, the
governance token for Lido DAO, a protocol offering liquid staking solutions to
enhance Ethereum’s security and support decentralized finance (DeFi).
The Optimism Trust centers on OP, the
governance token for Optimism, a Layer 2 blockchain designed to scale Ethereum
by reducing network congestion and transaction costs.
Rayhaneh Sharif-Askary, Grayscale’s
Head of Product & Research, emphasized the role of these protocols.
“Lido democratizes staking, while
Optimism enables Ethereum to scale competitively against newer blockchains.
These Trusts reflect Grayscale’s commitment to advancing Ethereum’s efficiency,
security, and adoption within the broader DeFi ecosystem,” she said.
The Trusts are open to eligible
accredited investors for daily subscription and operate similarly to
Grayscale’s existing single-asset investment trusts.
While the company aims to list these
products on secondary markets in the future, there is no guarantee of approval,
and investors are advised to prepare for the inherent risks of crypto
investments.
In addition, Grayscale has re-opened
subscriptions at net asset value (NAV) to accredited investors for the
following private placements:
For more information, contact [email protected] or call
866-775-0313.
About Grayscale Investmentsvestments
Founded in 2013, Grayscale Investments®
provides investors to access to the crypto economy through a diverse range of
crypto-focused products. Learn more at grayscale.com.
