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Investors Are Excited As Grayscale Is Setting Filecoin, Chainlink, Mana, Tezos And Livepeer Trusts

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Asset management company Grayscale Investments has filed documents for the creation of a number of new cryptocurrency trust. Currently, Grayscale is considered one of the largest corporate investment companies in the cryptocurrency sector.


The document shows plans to launch Grayscale ChainLink trust (LINK), Grayscale Tezos trust (XTZ), Grayscale Filecoin trust (FIL), Grayscale Decentralized trust (MANA), and Grayscale Livepeer trust (Lpt). 

The launch dates of the new trusts are unknown.

Chainlink, one of the most important projects of the DeFi ecosystem, and Grayscale has already moved to set up a LINK fund. According to official documents, Grayscale is applying Chainlink Fund as ”Statutory Trust”, it means it can also be traded outside the state of Delaware.

A tweet by Pentoshi, a renowned cryptocurrency analyst shows document about Grayscale application for Link and other trust.

 

The image shows Grayscale making similar trust for Mana, LPT, XTZ and FIL other than LINK.

grayscale making link, tezos, mana, filecoin trusts

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Grayscale has not made an official statement regarding any of these trusts, and there is no confirmation. Grayscale recently removed XRP from the GDLC trust.

 

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Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Mark Bernnan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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