Grayscale Expands Trust Offerings with TAO and SUI Investment Products

IconCryptoNewsTerminal Staff07 Aug, 2024

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Grayscale Expands Trust Offerings with TAO and SUI Investment Products

Grayscale, a leading digital currency asset manager, has further expanded its suite of investment trusts with the launch of two new products: Grayscale Tensor Trust (TAO) and Grayscale Sui Trust (SUI). These trusts provide accredited investors with exposure to the Tensor and Sui cryptocurrencies, respectively. The launch of these trusts demonstrates Grayscale's commitment to offering a diverse range of investment options for digital currency investors. Grayscale currently manages trusts for several other prominent cryptocurrencies, including Solana (SOL), Chainlink (LINK), Decentraland (MANA), Stacks (STX), and Near Protocol (NEAR). By providing investors with access to these emerging cryptocurrencies, Grayscale is making it easier for them to diversify their digital asset portfolios and potentially benefit from the growth of these innovative blockchain projects.