As the crypto winter continues, digital asset management giant Grayscale’s decentralized finance (DeFi) investment product has started trading on the OTC market of financial markets.
Grayscale DeFi Funds currently include decentralized exchanges Uniswap (UNI) and Curve (CRV), decentralized lending platforms Aave (AAVE) and Compound (COMP), and Ethereum (ETH)-based stablecoin DAI.
Reyhane Sharif Askari, Head of Investor Solutions at Grayscale, said:
We believe investors deserve access to the digital currency ecosystem through a secure product, and we are excited to offer exposure to the evolving decentralized financial subsector through publicly quoted securities.
funds weighted basket At the time of writing, UNI is 69.06%, AAVE is 12.84%, MKR is 8.84%, CRV is 5.03%, and COMP is 4.23%.
Tracking the CoinDesk DeFi Select Index (DFX), this quarterly rebalanced product trades on the DEFG. According to new information, this is Grayscale’s 15th investment product to be traded on the OTC market. publication From Digital Asset Manager.
The Grayscale DeFi Fund currently manages $3.2 million worth of assets, down over 72% from its July 2021 launch date.
UNI is trading at $6.17 at the time of writing, down 0.31% over the past 24 hours. AAVE is priced at $61.60, down nearly 2.5%. MKR is trading at $612.51, down more than 1.5%. CRV is trading at $0.647, down more than 2.5%. COMP is trading at $39.40, up nearly 2%.
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