Grayscale Investments has introduced two new trusts focused on the governance tokens of Lido DAO (LDO) and Optimism (OP), increasing its single-asset crypto investing offerings. These new offers, introduced on December 12, provide investors with indirect exposure to projects that improve Ethereum’s functionality and popularity.
Lido DAO and Optimism are both important actors in the Ethereum ecosystem. Lido provides liquid staking solutions, which allow customers to stake Ethereum while retaining liquidity. Lido continues to be the largest decentralized finance (DeFi) protocol, with approximately $40 billion in total value locked up. Meanwhile, Optimism serves as a layer-2 solution, lowering Ethereum network congestion by enabling faster and more cost-effective transactions.
These trusts are only for authorized investors, allowing them to participate in Ethereum’s growth without personally managing the tokens. These funds simplify investment by replicating the price fluctuations of LDO and OP, reducing market volatility risk.
This launch is part of Grayscale’s ongoing strategy to diversify its portfolio. Earlier endeavors included establishing trusts for Aave, Avalanche, and other new crypto assets. Grayscale continues to lead the crypto investing market, managing almost $35 billion in assets and offering a wide range of possibilities to both institutional and individual investors.
Grayscale’s focus on Ethereum-related projects confirms its commitment to decentralized finance and blockchain innovation. These new trusts not only improve its product portfolio, but also provide investors with an opportunity to engage in Ethereum’s evolving ecosystem.
