Grayscale Reveals Investment Trust For Avalanche AVAX
Grayscale Investments has launched a new investment trust focused on the Avalanche AVAX token. The trust aims to provide more investors with exposure to the Avalanche cryptocurrency. It is now open for daily subscriptions and works similarly to other Grayscale asset funds like its Bitcoin and Ethereum trusts. “The launch of Grayscale Avalanche Trust highlights Grayscale’s ongoing commitment to providing investors with innovative opportunities to access exciting developments in the crypto ecosystem,” stated Grayscale’s head of product and research, Rayhaneh Sharif-Askary. “Through its key strategic partnerships and unique, multi-chain structure, Avalanche is playing a pivotal role in the advancement of RWA tokenization.” Grayscale Investments is one of the biggest investment firms in the world. It is also one of the biggest recent supporters of incorporating cryptocurrency into daily finance. The company recently put Shiba Inu under the top cryptocurrency networks by market capitalizat...