According to Foresight News, Grayscale announced the launch of the Optimism Trust and Lido Trust. Rayhaneh Sharif-Askary, head of product and research at Grayscale, said: "Lido is helping to democratize Ethereum staking, and Optimism is critical to Ethereum's expansion to compete with newer and faster Layer 1 blockchains. Grayscale Lido DAO Trust and Grayscale Optimism Trust provide investors with access to protocols that help improve the efficiency, security, scalability and adoption of Ethereum in the broader DeFi ecosystem."