Saturday, April 10, 2021

Grayscale Investments Launches New Products for LINK, BAT, FIL, MANA, and LTP

Grayscale Investments, the world’s largest crypto manager, has officially announced the launch of new investment products for Chainlink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL), Livepeer (LPT).

The latest five additions bring the total number of its investment products to 14. The new development was announced via its official Twitter handle a few minutes ago.

Read Also: Grayscale Files New Trusts for Cardano (ADA), Monero (XMR), Polkadot (DOT), and Two Others

Grayscale Investments Tweeted, “Have you heard? We just launched five new digital currency investment trusts: Grayscale® Basic Attention Token Trust – Grayscale® Chainlink Trust – Grayscale® Decentraland Trust – Grayscale® Filecoin Trust – Grayscale® Livepeer Trust.”

As the report further stated, the new trusts are now available for daily subscription by individuals and institutions that are eligible.

Reacting to the new development, Grayscale CEO Michael Sonnenshein said:

“Digital currencies have reached an inflection point. Investor demand has never been higher, and every day we’re seeing new entrants to what has surely become a bona fide asset class.

Read Also: Grayscale Keeps Buying XLM as Institutional Interest in Stellar Increases; Horizon 2.0 Released

“Grayscale has long been the leader in creating novel pathways for investors to access the opportunities that digital currencies may offer, and this announcement carries on that tradition. We look forward to working with our global investor base, our growing team, and regulators to continue to move this industry forward.”

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Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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