Grayscale unveils investment trust for Avalanche’s AVAX token
Grayscale Investments has expanded its portfolio of crypto investment products and launched the Grayscale Avalanche Trust. This new investment vehicle aims to offer accredited investors exposure to AVAX, the native token of Avalanche's blockchain network. The trust, now open for daily subscriptions, operates similarly to Grayscale’s existing single-asset investment products, focusing exclusively on AVAX, the firm said in a press release shared with The Block.
