Grayscale is tentatively looking to offer YFI
A corporate registration filing with the State of Delaware shows that Grayscale is considering Yearn Finance as a future offering. Grayscale Investments has registered an LLC for a prospective Yearn Finance (YFI) Trust, giving the first sign that the asset manager is considering the DeFi coin. The new YFI entity was incorporated as a Statutory Trust in Delaware on Feb. 10, 2021. Grayscale now has 33 registered trusts in the state, though only nine are active, based on the fund manager's AUM reports. This includes the industry-leading Bitcoin Trust, which has nearly $30 billion in assets.....
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Grayscale, the world’s largest crypto asset manager, is considering 25 more crypto assets for investment products. With the latest additions, the company’s list of coins under consideration has grown to 43. “The process of creating an investment product similar to the ones we already offer is a complex, multifaceted process,” said Grayscale.
25 Crypto Assets Added to List of Coins Under Consideration for Grayscale’s Investment Products
Grayscale Investments announced Monday that it has updated its list of digital assets under....