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

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.

$LINK pic.twitter.com/1deBqDNsJp

- Pentoshi (@Pentosh1) January 21, 2021

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.

Originally published at https://thecryptobasic.com on January 23, 2021.

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The Crypto Basic

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The Crypto Basic is focused on covering the most important topics of Cryptocurrency https://thecryptobasic.com/

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