Grayscale Unveils STX and NEAR Trust Products for Accredited Investors

IconCryptoNewsTerminal Staff23 May, 2024

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Grayscale Unveils STX and NEAR Trust Products for Accredited Investors

Grayscale Investments, a pioneer in digital currency asset management, has extended its product lineup with two new trusts focused on Stacks (STX) and Near Protocol (NEAR), offering investors access to these emerging blockchain networks. These trusts, available exclusively to accredited investors, join Grayscale's growing roster of cryptocurrency trusts, which include prominent digital assets like Solana (SOL), Chainlink (LINK), and Decentraland (MANA). By launching the STX and NEAR trusts, Grayscale continues to cater to the rising demand for diversified exposure to the rapidly evolving cryptocurrency market. These trusts provide investors with a secure and convenient way to gain exposure to these promising blockchain projects. However, it's important to note that accredited investor status is required to participate in these trusts, as they are not accessible to the general public.