Grayscale has announced five new digital asset offerings, available only to accredited investors, outlined as follows:
Grayscale Basic Attention Token Trust (BAT): BAT serves as the native digital currency for Brave
Grayscale Chainlink Trust (LINK): Chainlink is a decentralized network aimed to link real-world data and public blockchains by connecting smart contracts to off-chain data for markets, events, and payments. LINK is used as a payment token within the Chainlink ecosystem.
Grayscale Decentraland Trust (MANA): MANA is the token that serves as the native digital currency in Decentraland, a peer-to-peer virtual reality platform.
Grayscale Filecoin Trust (FIL): FIL is a digital asset that is created and transmitted through the operations of the peer-to-peer Filecoin Network, a decentralized network of computers that enables anyone to buy or sell excess computer storage.
Grayscale Livepeer Trust (LPT): LPT serves as the native digital currency for the Livepeer Network, a subnetwork on the Ethereum Network. Livepeer aims to build a platform for decentralized video broadcasting and streaming.
Each Trust uses a reference rate licensed from TradeBlock to strike its daily NAV [Net Asset Value] and will carry a 2.5% annual fee.
Grayscale said it intends to have shares of these new products eventually traded on a secondary market.
In December, Grayscale revealed over $19 billion in AUM, an amount that has surely grown in the following months.
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