Grayscale Relaunches 19 Altcoin Trusts for Accredited Investors
Crypto asset manager Grayscale has announced the relaunch of private investments for accredited investors across 19 altcoin trusts. The new investment opportunity includes popular altcoins like XRP, Avalanche (AVAX), Filecoin (FIL), and Litecoin (LTC), among others.
Eligibility and Investment Details
Both institutional and individual accredited investors are eligible to participate in these private investments. The investments are based on the net asset value (NAV) of the trusts, and investors will have the ability to sell these investments on the secondary market after a designated holding period.
According to Grayscale, accredited investors are defined as individuals who earn over $200,000 per year, or $300,000 per year with a spousal equivalent.
Trending Altcoins Available for Investment
Investors now have the opportunity to participate in private investments in a variety of trending altcoins. The available tokens include:
- AAVE
- Avalanche (AVAX)
- Basic Attention Token
- Bitcoin Cash (BCH)
- Bittensor (TAO)
- Chainlink (LINK)
- Decentraland (MANA)
- Decentralized AI Fund
- Filecoin (FIL)
- Litecoin (LTC)
- Livepeer (LPT)
- MakerDAO
- NEAR
- Solana (SOL)
- Stacks (STX)
- Stellar (XLM)
- SUI
- XRP
- Zcash (ZEC)
This initiative by Grayscale offers accredited investors a chance to diversify their portfolios with some of the most prominent and emerging cryptocurrencies in the market.
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