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Grayscale Investments, the largest cryptocurrency fund in the world, announced a Solana trust, adding the growing cryptocurrency to its list of product offerings. They have shown great interest in Solana’s performance and see a near and long-term potential in it because of its capability for experimentation. In a public release, Grayscale
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Solana (SOL) held onto its intraday gains on Nov. 30 as Grayscale Investments, the largest cryptocurrency fund in the world, announced that it would add SOL to its product line.The digital asset class is growing, and we’re expanding our offerings along with it! Gain exposure to $SOL, the native token
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Digital asset manager Grayscale Investments has unveiled its sixteenth investment vehicle which will be passively invested in Solana. Grayscale is a subsidiary of Digital Currency Group, the parent company of CryptoX.The Grayscale Solana Trust is now available to eligible individual and institutional accredited investors, the firm announced Tuesday.It follows similar
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Grayscale, a leading cryptocurrency asset manager, seems to have set its gaze on the metaverse as a business opportunity. Yesterday the company released a report where it examined the feasibility of this interconnected virtual world and how these economies can provide a profitable entry for investors, considering this area could
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El informe fue elaborado por el jefe de investigación de Grayscale, David Grider, y el analista de investigación Matt Maximo. Definieron al metaverso como “mundos virtuales interconectados, experienciales y en 3D, en los que personas situadas en cualquier lugar pueden socializar en tiempo real para formar una economía persistente, de
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Projects like Decentraland allow people to interact, govern and earn tokens, and get real world benefits for their time spent online, Grayscale said. People are spending more and more time online, and they concurrently spend money to build social status within digital realms, the company added. Source
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Crypto investment giant Grayscale has published a bullish report on the Metaverse, estimating that the “market opportunity” for bringing the Metaverse to the mainstream may be worth over $1 trillion in the next few years. The November report titled “The Metaverse, Web 3.0 Virtual Cloud Economies” was authored by Grayscale
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Investment funds from major U.S. investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of Grayscale Bitcoin Trust.According to filings from the United States Securities and Exchange Commission on Tuesday, the Morgan Stanley Insight Fund increased its holdings of Grayscale Bitcoin Trust, or GBTC, shares
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Digital Currency Group, a crypto-industry holding company, came out in defense of its subsidiary Grayscale’s Grayscale Bitcoin Trust (GBTC) last week, when the fund’s shares traded on Monday at a 20.53% discount to its underlying bitcoin holdings – the steepest in five months.One perspective is that Digital Currency Group’s pledge
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Digital Currency Group (CoinDesk’s parent company) is planning to hoover up to a billion dollars worth of Grayscale Bitcoin Trust (GBTC).With subsidiary Grayscale’s flagship product facing sudden competition for brokerage accounts’ bitcoin dollars, the crypto conglomerate increased its GBTC buy range by $250 million, DCG announced Wednesday. It said it
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