{"id":136054,"date":"2024-08-23T08:30:02","date_gmt":"2024-08-23T05:30:02","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136054"},"modified":"2024-08-23T00:28:59","modified_gmt":"2024-08-22T21:28:59","slug":"grayscale-launches-avalanche-trust-to-expand-crypto-investment-options","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/grayscale-launches-avalanche-trust-to-expand-crypto-investment-options\/","title":{"rendered":"Grayscale Launches Avalanche Trust to Expand Crypto Investment Options"},"content":{"rendered":"

This fund<\/a><\/strong>, named the Grayscale Avalanche Trust, is designed to give investors exposure to Avalanche, a smart contract platform that emphasizes scalability, security, and decentralization.<\/p>\n

Avalanche is a layer-1 blockchain known for its efforts in tokenizing real-world assets (RWAs) like real estate and commodities. In a related move, Franklin Templeton expanded its blockchain-based money market fund to the Avalanche network on the same day.<\/p>\n

According to Grayscale\u2019s head of product and research, Rayhaneh Sharif-Askary, the trust will enable investors to participate in Avalanche\u2019s growth, especially in RWA tokenization, supported by its strategic partnerships and multi-chain framework. This trust is part of Grayscale\u2019s extensive portfolio of over 20 crypto investment products, which includes non-exchange-traded options available only to qualified investors.<\/p>\n