TL;DR
- Grayscale Investments launches two new investment vehicles: Lido DAO Trust and Optimism Trust, offering exposure to both protocols.
- Lido DAO Trust provides access to the LDO token, which facilitates liquid staking on ETH. Meanwhile, Optimism Trust offers exposure to the OP token, aimed at improving ETH scalability.
- Both funds are available to accredited investors and seek to strengthen the firm’s presence in the crypto market.
Grayscale Investments, an asset management firm specializing in cryptocurrency, has launched two new investment vehicles: Lido DAO Trust and Optimism Trust.
These products are designed to offer investors direct exposure to two of the most important protocols within the Ethereum ecosystem, Lido DAO and Optimism, both focused on improving the scalability and efficiency of the network.
Grayscale® Lido DAO Trust
Lido DAO Trust provides investors access to the LDO governance token, which is part of Lido, a platform that offers liquid staking solutions for Ethereum. This mechanism allows users to participate in network validation more accessibly while also enhancing its security.
Lido is one of the main platforms contributing to the decentralization of the Ethereum network by facilitating access to block validation participation, a key mechanism for the growth of the DeFi ecosystem.
Grayscale® Optimism Trust
On the other hand, Optimism Trust is focused on providing exposure to the OP token, the governance token of the Optimism protocol. This protocol seeks to improve Ethereum’s scalability by creating “optimistic rollups,” a solution that reduces congestion on Ethereum’s main network, resulting in faster and cheaper transactions.
Optimism is one of the most promising solutions within the so-called “Layer 2” solutions, which complement Ethereum’s infrastructure by improving its performance and facilitating the development of decentralized applications (dApps) more efficiently.
Both funds allow investors to participate in projects that are crucial to the future of Ethereum and the expansion of blockchain technology. The products are available to accredited investors, both individual and institutional, and operate similarly to other single-asset investment funds offered by Grayscale, such as Bitcoin and Ethereum funds.
With these new products, the firm aims to strengthen its presence in the crypto market and the DeFi sector, capitalizing on the growing demand for technological solutions that improve Ethereum’s performance and accessibility.
