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Grayscale Investments has launched a new fund focused on MakerDAO's governance token, MKR.

The price of Maker (MKR), the governance token of the MakerDAO protocol, has increased by 7.47% in the last 24 hours. This increase appeared after Grayscale revealed the launch of the MakerDAO Investment Trust on Tuesday.

On Monday, MakerDAO officially launched the Spark Tokenization Grand Prix, an ambitious competition to onboard up to $1 billion of tokenized assets, particularly focusing on short-duration US Treasury Bills.

To further diversify its crypto investment portfolio, asset manager and ETF issuer Grayscale has unveiled the launch of the Grayscale MakerDAO Trust. This latest addition to Grayscale's product suite allows investors to gain exposure to MKR, the utility and governance token underpinning the Ethereum-based MakerDAO ecosystem.

Grayscale launches a MakerDAO fund to grant select investors exposure to MKR.

On August 13, Grayscale Investments, the world's largest cryptoasset manager and a whole-owned subsidiary of Digital Currency Group (DCG), unveiled the Grayscale MakerDAO Trust, which is designed to provide investors with direct exposure to MKR, the utility and governance token associated with MakerDAO, a decentralized autonomous organization (DAO) that governs the Maker Protocol, a decentralized

Grayscale Investments has introduced a new investment fund focused on MakerDAO's governance token, MKR.

The fund will invest in a single asset, MKR, and will be launched via private placement. In response to rising demand, Grayscale introduced two new investment products last week.

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Grayscale Investments, the world's largest crypto asset manager, has introduced a new investment product: the Grayscale MakerDAO Trust. This trust gives investors easy access to MKR, the token that powers MakerDAO, a key player in the decentralized finance (DeFi) world.

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Maker (MKR) has experienced a notable surge following the announcement of Grayscale Investments' Grayscale MakerDAO Trust. Grayscale, the world's largest crypto asset manager, has introduced this innovative investment vehicle to provide exposure to MKR, the governance token of MakerDAO.

MakerDAO's MKR token has jumped by more than 5% to over $2100 after Grayscale launched a new fund exclusively for the decentralized lending platform. The latest product, MakerDAO Trust, will enable investors to gain exposure to MKR, the native token of the Ethereum-based DeFi protocol.

TL;DR Grayscale MakerDAO Trust Launched – Grayscale Investments has created a new trust for MakerDAO's MKR token. Access to a DeFi ecosystem : The fund offers exposure to an on-chain lending protocol and other assets in the MakerDAO ecosystem.

Grayscale, the world's largest crypto asset manager, now operates at least 17 single-asset crypto investment products.

Grayscale also launched funds for protocols Bittensor and Sui in August.

The Grayscale MakerDAO Trust is the new offering for investors, which features MKR, the governance token of MakerDAO.

Digital asset manager Grayscale has announced the launch of its MakerDAO Trust, a new single-asset cryptocurrency investment fund through private placement. This follows a similar rollout of other crypto-based trusts to create investor exposure in the market.

The company launched similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.

Grayscale Investments has launched the Grayscale MakerDAO Trust, marking an enhancement to its suite of crypto investment offerings. This Trust provides streamlined access to MKR, MakerDAO's utility and governance token.

Bitcoin (BTC) market sentiment remains erratic, as the wild volatility experienced this month looks set to continue. BTC had seen a spectacular collapse to a six-month low but quickly regained ground.

The DeFi Education Fund's fight against a “patent troll” is over, and the group says the patent will be made available to everyone.

The patent for “oracle-like” data storage contained technology that was already in existence, DEF said.

The DeFi Education Fund said it purchased a patent from True Return Systems that will end litigation against MakerDAO and Compound Protocol.