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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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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

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