Grayscale Investments launches Grayscale MakerDAO Trust, focusing on MakerDAO's MKR token.

Grayscale Investments, a leading digital currency asset manager, has launched a new crypto fund, the Grayscale MakerDAO Trust, focusing on MakerDAO's MKR token. This fund, available to eligible accredited individual and institutional investors, follows the closed-end fund structure used in Grayscale's other single-asset trusts, like the Grayscale Bitcoin Trust. The fund's launch led to a 5% increase in MKR's price.

August 13, 2024
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