Digital Asset Investment Platform GRAYSCALE has launched two new single-Asset Trusts that give exposure to Sui Protocols DeepBook and Walrus.
Grayscale DeepBook Trust and Grayscale Walrus Trust invest exclusively in the native Deep and Wal tokens respectively.
DeepBook is a decentralized central border order book (Clob) Built on Sui Blockchain. It acts as a basic liquidity layer for the SUI ecosystem, which means it provides the underlying infrastructure for decentralized exchanges (Dexs)wallets and other applications at SUI to facilitate token trade.
Walrus, meanwhile, is a blockchain-based data storage platform designed to host the huge wells of information driven by the spread of artificial intelligence (AI) Tools.
Trusts are open to daily subscription via private location to accredited investors, marking a new path to institutional participation in SUIS DEFI, social and gaming cases.
Stamford, Connecticut-based gray scale is best known for its Bitcoin Trust (GBTC) and Ethereum -equivalent (Ethe)both of which have converted to exchange -traded funds (ETFS).
The company has subsequently expanded its focus to several niche areas in the digital asset market to appeal to investors with an eye on a wider range of blockchain use cases.
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