Grayscale Launches Avalanche Trust Amid Growing Institutional Interest in Blockchain Integration


Grayscale Investments, the world’s leading crypto asset manager, has further expanded its portfolio of digital asset offerings with the introduction of a new investment fund focused on Avalanche’s native token, #AVAX✅ The firm announced the launch of the Grayscale Avalanche Trust on August 22, signaling its ongoing commitment to exploring the diverse and dynamic world of blockchain technology and cryptocurrency investment. $AVAX

This launch coincides with significant growth in Avalanche’s ecosystem. On the same day, Franklin Templeton, a global investment management company, revealed the expansion of its blockchain-integrated money market fund onto the Avalanche platform. This move highlights the increasing recognition of Avalanche as a robust platform for merging traditional financial products with blockchain technology.

Pict Credit : Grayscale

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