The Crypto Grayscale asset management company announces the launch of a new trust that would give investors access to the popular same asset Dogecoin (DOGE).
In a new press release, the investment giant said He creates the Grayscale Dogecoin Trust because he thinks that Doge has gone from a simple same to a legitimate global financial tool.
As indicated by the Graycale Products and Research Manager, Rayhaneh Sharif-Askary,
“Dogecoin has become a potentially powerful tool to promote financial accessibility. We think, as a faster, cheaper and more scalable derivative of Bitcoin, Dogecoin helps groups poorly served by the financial infrastructure inherited to participate in the financial system.
Grayscale Dogecoin Trust offers investors an exposure to an asset which is positioned to help fill the initially planned use of Bitcoin and its egalitarian ethics. »»
According to the press release, the Dogecoin Trust will operate as any other company’s trustees and will only invest in Doge, the indigenous blockchain asset.
Last December, it was revealed that Graycale launched two new trusts centered on the liquid Lido Dao (Ldo) and the optimism of the layer 2 scaling solution (Boost).
The other trigger -based trucks offered by Grayscale include those for Altcoin payments XRP, Avalanche de Blockchain layer 1 (Avax), manufacturer of stablecoin transmitters (Mkr), Bittensor of the automatic learning market (Tao) as well as the SUR network of the contractual platform (Sui).
DOGE is negotiated at $ 0.338 at the time of the editorial staff, a fractional increase in the last day.
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