The Defiant
2024-12-12 19:30:49

Grayscale Launches Lido ($LDO) and Optimism ($OP) Trusts for Accredited Investors on December 12, 2024

Grayscale Investments has launched two new single-asset crypto investment funds: the Grayscale Lido Trust, which focuses on Lido DAO governance tokens ($LDO), and the Grayscale Optimism Trust, which targets Optimism protocol governance tokens ($OP). These investment vehicles are now available for daily subscription to eligible accredited investors. The introduction of these trusts reflects Grayscale's strategy to expand its product offerings and tap into the growing market for Ethereum Layer 2 solutions and staking opportunities. The announcement was made on December 12, 2024, marking a significant addition to Grayscale's investment portfolio. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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