2024-03-31
Grayscale Investments is a
cryptocurrency asset management firm that offers variety of crypto investment
products.
www.grayscale.com/private-funds/gdif
On Mar 29, 2024, Grayscale launched
“Grayscale Dynamic Income Fund (GDIC)”.
The fund generates income from staking in proof-of-stake
cryptocurrencies.
The GDIC fund will convert staking
returns into US dollars every week. It plans to pay investors on a quarterly
basis.
Grayscale will analyze and select
proof-of-stake cryptocurrencies for the fund’s portfolio.
It has announced the list of 3
proof-of-stake cryptocurrencies including Osmosis (OSMO) accounts for 24%,
Solana (SOL) 20%, and Polkadot (DOT) 14%. The remaining 43% will stake in other
cryptocurrencies.
Osmosis currently offers 11.09% staking
reward, Solana 7.42%, and Polkadot 11.9%.
GDIC is a private fund. Investors who meet the criteria can only invest in this fund. Investors are required to have more than $1.1 million
asset under management or a net worth of more than $2.2 million.
