Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Grayscale Launches New MakerDAO Trust Amid Growing Crypto Interest

Grayscale Launches New MakerDAO Trust Amid Growing Crypto Interest

Cryptodnes2024/08/13 18:18
By:Cryptodnes

Grayscale Investments has unveiled its latest offering, the Grayscale MakerDAO Trust, which provides institutional investors with a straightforward way to invest in the MKR token.

This addition expands Grayscale’s suite of crypto investment products, designed to simplify exposure to digital assets.

Grayscale, a major name in digital asset management, now features over 20 investment products in its portfolio. The new Grayscale MakerDAO Trust targets investors interested in MakerDAO’s ecosystem, a decentralized platform on Ethereum known for stablecoins and asset-backed loans.

This trust mirrors the structure of Grayscale’s existing single-asset products, focusing solely on MKR .

READ MORE:
Is BlackRock About to Launch its Very Own Blockchain?

Rayhaneh Sharif-Askary from Grayscale noted that the trust responds to increasing demand and offers investors a way to tap into MakerDAO’s growth potential while reducing dependence on traditional finance.

Grayscale has also recently introduced the Grayscale Bittensor Trust and Grayscale Sui Trust, which invest in TAO and SUI tokens, supporting advancements in decentralized AI and scalable smart contracts.

SHARE: SHARES
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Strive Pushes Intuit to Add Bitcoin to Treasury

Strive urges Intuit to hold Bitcoin in its treasury to hedge against AI-driven disruption risks.Bitcoin as a Hedge Against AI Disruption?Why Bitcoin, and Why Now?BTC in the Boardroom

Coinomedia2025/04/16 14:22
Strive Pushes Intuit to Add Bitcoin to Treasury

JP Morgan Predicts Imminent Interest Rate Cuts

JP Morgan forecasts upcoming rate cuts, signaling a major shift in U.S. economic policy that could impact markets and crypto alike.JP Morgan Signals Upcoming Interest Rate CutsWhy Rate Cuts Matter for MarketsCrypto Could See Renewed Interest

Coinomedia2025/04/16 14:22
JP Morgan Predicts Imminent Interest Rate Cuts