Grayscale Launches Cryptocurrency Fund Concentrated on MakerDAO Governance Token
Publication Time:2024-08-13 21:11:05
Asset management giant Grayscale Investment has announced the launch of a new fund that focuses on MakerDAO's governance token MKR. This closed-end fund, named Grayscale MakerDAO Trust, aims to provide qualified individual and institutional investors with investment opportunities specifically centered around MKR. Similar to other single-asset trust products offered by Grayscale Investment, Grayscale MakerDAO Trust also prohibits direct withdrawals, meaning that the share price in the secondary market may differ from the underlying asset's price, potentially affecting investors' expected returns.
MakerDAO
Grayscale Investment
governance token
Grayscale MakerDAO Trust
Cryptocurrency Fund