Grayscale May Have Laid Groundwork for 5 More Potential Crypto Trusts

The world’s largest digital asset manager, Grayscale Investments, looks to be preparing for possible launches of new single-asset trusts for a number of cryptocurrencies.

Trusts for five digital assets were filed with Delaware’s corporations registry on Dec. 18, 2020: chainlink (LINK, +21.96%) (BAT, +24.85%) (MANA, +36.61%)tezos (XTZ, +17.44%)
The filings were not made by Grayscale itself but by Delaware Trust Company, which is listed as the firm’s “statutory trustee” for the U.S. state in Grayscale documentation.
“Grayscale is always looking for opportunities to offer products that meet investor demands. Occasionally, we will make reservation filings, though a filing does not mean we will bring a product to market. Grayscale has and will continue to announce when new products are made available to investors,” the company told CoinDesk via email.
As such, the filings could offer a hint of which crypto trusts are likely to be launched down the road.
A registration for the Filecoin Trust was also made on Oct. 15, 2020.
New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.

Leave a Reply

Your email address will not be published.

Releated

Universal Basic Asset: Reintegration of on-chain relationships

Stanley Milgram, a professor of psychology at Harvard University, proposed the theory of Six Degrees of Separation, there will be no more than six people between you and any stranger, that is to say, there will be no more than six degrees of separation between you and any stranger. You can meet any stranger through […]

[AMA Recap] The changer of Blockchain Game 2.0

On January 16, 2023, For Metas hosted an in-depth AMA at the HashBit community. HashBit Blockchain is a highly scalable peer-to-peer digital currency that enables industry-leading transaction speeds with negligible fees. This AMA allows hashbit users to have a deeper understanding of the entire platform of For Metas and Gloryland, an upcoming game. HashBit Welcome to hashbit […]