Grayscale has delisted two altcoins from the DeFi crypto fund
The company also added Avalanche, Cosmos, and Polkadot tokens to its investment products
07.04.2022 - 14:20
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What’s new? Grayscale Investments, an investment company, has excluded SushiSwap (SUSHI) and Synthetix (SNX) altcoins from its DeFi fund. The company has also added Avalanche (AVAX), Cosmos (ATOM), and Polkadot (DOT) tokens to its investment products. This information appeared on Grayscale’s Twitter. The amount of capital under the management of the fund has risen to $480 million.
What is known about the company? Grayscale Investments is an investment fund founded in 2013 as a subsidiary of Digital Currency Group. The company manages cryptocurrency assets for the benefit of its clients.
What had happened before? Grayscale Investments announced the launch of its first exchange-traded fund (ETF) in early February. The new ETF has already been added to the New York Stock Exchange (NYSE) listing under the ticker GFOF. GFOF has a market value of $24,7 as of April 6, according to ETF Database.
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