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Grayscale Investments announced the launch of the Grayscale Avalanche Trust on Thursday, providing accredited investors with a new opportunity to gain exposure to cryptocurrency.
According to a Grayscale Investments press release, the newly established trust focuses on Avalanche (AVAX), a blockchain platform designed to optimize scalability, security, and decentralization.
Grayscale Brings AVAX for Accredited Investors
The Trust is now open for daily subscription and operates similarly to Grayscaleâs other single-asset investment trusts. It concentrates solely on investing in the AVAX token, which powers the Avalanche network and is also known for its role in facilitating real-world asset (RWA) tokenization. $AVAX #Laraxenteam #laraxen #LaraxenFamily
