Today news
About the same in other media
New Grayscale Solana Trust Set to Offer Exposure to SOL for More Investors
Reading now: 139
The major digital asset investment firm Grayscale has launched a new solana (SOL)-backed regulated investment product in the US, opening up exposure to the smart contract and decentralized finance (DeFi) space for more investors.
The new product, known as the Grayscale Solana Trust, is already listed among Grayscale’s other digital asset investment products on the company’s website. According to the listing, the fund already has USD 9.5m under management, and comes with a 2.5% annual management fee.
The trust will “solely and passively hold the underlying asset,” while assets will be raised for the trust through a regular private placement offering, Grayscale wrote in an announcement of the new product today. The Solana Trust is only
Read more on cryptonews.comAbout this in other media
These developments bring hope of recovery rally for Litecoin investors ambcrypto.com /3 years ago
Bitwise launches NFT index fund for accredited investors cointelegraph.com /3 years ago
Platform proposes a quick, scalable and familiar solution for the future of decentralized applications cointelegraph.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
