Catenaa, Thursday, December 19, 2024 – Grayscale Investments unveiled two new investment products, the Grayscale Lido DAO Trust and Grayscale Optimism Trust, to expand opportunities for accredited investors in Ethereum’s decentralized finance (DeFi) ecosystem.
The Lido DAO Trust focuses on LDO, the governance token for Lido’s liquid staking platform, which enhances Ethereum network security and accessibility.
The Optimism Trust centers on OP, a governance token supporting Optimism’s Layer 2 blockchain scaling solutions designed to reduce network congestion and transaction costs.
Both trusts operate under Grayscale’s single-asset investment model and are now open for daily subscriptions to accredited investors.
However, Grayscale cautions that these investments carry risks due to the evolving nature of blockchain technologies and regulatory uncertainties.
As Ethereum adoption grows, these products align with Grayscale’s vision to offer diverse crypto investment vehicles. The company, a leader in digital asset management, now offers over 25 crypto-focused products.
