Grayscale Launches Two New Trusts Investing in NEAR and STX

Crypto asset manager Grayscale Investments launched two new investment trusts for diversified crypto exposure. Grayscale Near Trust and Grayscale Stacks Trust opened on May 23, allowing individual and institutional accredited investors to access daily subscriptions. One trust is exclusively invested in NEAR, which supports the Near Protocol NEAR/USD, while the other trust is exclusively invested in STX STX/USD, which is part of the Bitcoin Layer 2 Stacks, according to a Thursday release. 

Read the full story at The Block.

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