The crypto asset manager Grayscale has incorporated six more trusts, including those linked to tokens Chainlink (LINK) and Tezos (XTZ).
The trusts were formed by the Delaware Trust Company, Grayscale's “legal trustee,” in recent months.
Besides LINK and XTZ, the other four trusts include Basic Attention Token (BAT), Decentraland (MANA), Livepeer (LPT), and Filecoin (FIL). All six trusts were formed in December, except for the FIL trust, which was incorporated in October.
The formations of these trusts do not mean that Grayscale will launch these products, said Michael Sonnenshein, CEO of Grayscale Investments.
“Grayscale is always looking for opportunities to offer products that meet the demands of investors. From time to time, we will do reserve presentations, although a presentation does not mean that we will bring a product to market. Grayscale has announced and will continue to announce when new products are available. investors, ”Sonnenshein said.
Grayscale is the world's largest crypto asset manager. It manages more than $ 5 billion of asset value through its products. However, its bitcoin product accounts for most of the total AUM at more than $ 21 billion.