Home News New cryptocurrency investment fund will pay interest for stakes

New cryptocurrency investment fund will pay interest for stakes

315
0

Financial asset management firm Grayscale has launched a new cryptocurrency investment fund. This is the ‘Greyscale Dynamic Income Fund’ (GDIF).

According to the issuing company, it is “the first investment product actively managed by Grayscale.” Unlike other investment funds from the same company (including the Spot Bitcoin ETF in the United States), GDIF Proof-of-Stake Network to Focus on Cryptocurrency Investments (POS).

GDIF aims to “optimize income in the form of rewards tied to digital assets.” The fund will distribute share profits to investors (In addition to allowing them to be exposed to the volatility of the assets involved).

Cryptocurrencies making up GDIF investments may vary over time, as per the decision of the managers. At the time of this publication, informational leaflet Data prepared by Grayscale shows that the fund invests in the cryptocurrencies Solana (SOL), Polkadot (DOT) and Osmosis (OSMO).

Performance and holdings of Grayscale Company’s new investment fund.

The GDIF will not be available to any Grayscale clients, but only to qualified investors. This category includes those with at least $1,100,000 in assets under management or $2,200,000 in net assets, the company details.

CriptoNoticias reported yesterday, March 28, on the company’s launch of a 21Shares fund with similar features. But, in that case, Invests and stakes only in Toncoin (TON) cryptocurrency,

LEAVE A REPLY

Please enter your comment!
Please enter your name here