Grayscale Announces $1.6 Trillion Giant, AVAX Price Jumps Instantly
One of the largest altcoin projects, Avalanche (AVAX), has risen with the announcements of Grayscale and Franklin Templeton.
Franklin Templeton, one of the world's largest cryptocurrency managers, Grayscale Investments, which manages $1.6 trillion, has launched an offensive for Avalanche.
Grayscale adds to its product range
Grayscale Investments has added the Avalanche blockchain token trust to its new products announced in recent weeks.
According to today's announcement, Grayscale Avalanche Trust will allow investors to add the AVAX token to their portfolios.
Grayscale, whose CEO is former Goldman Sachs banker Peter Mintzberg, who took office last week, now offers more than 20 crypto investment products. The asset manager has recently focused on decentralized applications focused on artificial intelligence (AI).
Rayhaneh Sharif-Askary, Grayscaleâs director of product and research, said that Avalanche plays a critical role in advancing the tokenization of real-world assets (RWA) with its key strategic partnerships and unique structure.
Important Note: Friends, Binance has launched a reward event worth 50,000$ . You can now benefit from the reward by clicking on the Artificial Intelligence AI account and scoring it from the âVoteâ option.
The event ends on August 29. You can benefit from the rewards worth 50,000$ by voting every day until August 29.
