Grayscale Announces New 19 Altcoins Including XRP, Avalanche (AVAX) and Solana (SOL)!
Grayscale has announced that it has relaunched private investments for eligible investors across 19 altcoin trusts, including XRP, Avalanche (AVAX), Filecoin (FIL), and Litecoin (LTC).
Crypto asset manager Grayscale made a statement regarding 19 altcoins in its latest announcement.
Accordingly, Grayscale announced that it has relaunched private investments for eligible investors across 19 altcoin trusts, including XRP, Avalanche (AVAX), Filecoin (FIL), and Litecoin (LTC).
Both institutional and individual accredited investors can participate in the 19 altcoin trusts. These investors can participate in private investments based on net asset value (NAV) and sell these investments on the secondary market after a certain period of time.
According to Grayscale, accredited investors are individuals who earn more than $200,000 per year (or $300,000 per year in spousal equivalent).
According to the announcement, investors can invest in top and trending tokens including AAVE, Avalanche (AVAX), Basic Attention Token, Bitcoin Cash (BCH), Bittensor (TAO), Chainlink (LINK), Decentraland (MANA), Decentralized AI Fund, Filecoin (FIL), Litecoin (LTC), Livepeer (LPT), MakerDAO, NEAR, Solana (SOL), Stacks (STX), Stellar (XLM), SUI, XRP, and Zcash (ZEC).
https://twitter.com/Grayscale/status/1861439891412058483
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bernstein says some may cringe, but Trump memecoin is a 'paradigm shift' in US crypto approach
Analysts at Bernstein said that Donald Trump’s official launch of a memecoin represents a “paradigm shift” in how the U.S. and the world will approach crypto.The incoming President’s team launched the TRUMP token late Friday on the Solana blockchain, and at one point, it had a fully diluted valuation of more than $73 billion.
Sky's USDS stablecoin surges past $2B in circulation
George Hotz claims no crypto assets are safe after AI breakthrough
Analysts anticipate major gains for Chainlink, Cardano, and Solana