Grayscale Investments® Launches New Investment Trusts: Grayscale® Near Trust and Grayscale® Stacks Trust
STAMFORD, Conn., May 23, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, today announced the creation and public launch of two new crypto investment trusts: Grayscale® Near Trust and Grayscale® Stacks Trust.
- STAMFORD, Conn., May 23, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, today announced the creation and public launch of two new crypto investment trusts: Grayscale® Near Trust and Grayscale® Stacks Trust.
- The trusts function like Grayscale’s existing suite of single-asset investment trusts, and each are among the first investment products solely invested in the tokens underpinning the Near Protocol (NEAR) and Stacks (STX).
- As a result, shareholders of such products should be prepared to bear the risk of investment in the Shares indefinitely.
- There have also been instances where the Shares of certain products have traded at a discount.