Leading digital asset manager Grayscale has announced the reopening of its private placement offerings for several cryptocurrency trusts, including XRP.

The announcement stated that the private placement is now open to accredited investors. As of September 15, eligible participants can subscribe to shares of 18 key crypto trusts. They include the Grayscale Avalanche Trust, Grayscale Bitcoin Cash Trust, Grayscale Solana Trust, and the newly reintroduced Grayscale XRP Trust.

These private placements allow accredited investors to purchase shares of these trusts at the net asset value (NAV). This provides direct exposure to the underlying digital assets without the complexities of managing the tokens themselves.

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