📢 Grayscale's new move: Sui and Bittensor join its trust fund ranks, MakerDAO old tree blooms new flowers!
🚀 Grayscale gave us another surprise yesterday! They not only launched a new investment fund for MakerDAO's MKR token, but also launched two trust funds, investing in Bittensor and Sui's native protocols respectively. This can't help but make people wonder if Sui's surge yesterday was related to this news from Grayscale? $SUI
🌟It is undeniable that whether it is Sui or Aptos or other emerging tokens, they are still stable after experiencing the last cycle, which shows that their fundamentals and team strength can stand the test. Therefore, the native protocol tokens of Sui and Bittensor invested by Grayscale are also worthy of our special attention in the next year!
🏆 Speaking of Grayscale, it is the world's largest cryptocurrency fund management company, with more than $25 billion in assets under management. They are best known for their Bitcoin and Ethereum ETFs, such as Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE).
🔗Similarly, MakerDAO is also a big player. Its decentralized finance (DeFi) protocol is also the issuer of the dollar-pegged stablecoin Dai, and it also operates an on-chain credit product ecosystem. In addition, they also announced in July that they would invest $1 billion in tokenized U.S. Treasuries, which is not to be underestimated!
🤔 Although MakerDAO has always been a project with outstanding performance, Grayscale's choice of MakerDAO (MKR), a currency that has a certain history in the market, has also aroused some curiosity in the market. What potential Grayscale sees in this old project is unknown!
🔍 Are you also curious about Grayscale's choice of MakerDAO, an old project, instead of a new project with strong growth potential, like me? What do you think of Grayscale's newly launched MakerDAO investment fund? Would you consider investing in such a fund?
💬 Feel free to share your insights and investment experience on MakerDAO in the comments section, and let's explore the future potential of this veteran DeFi project together!
