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A look at Trump's sons' "huge" DeFi announcement, Grayscale's two new crypto trusts, DePIN project Andrena raises $18 million and more.

Crypto giant Grayscale is launching new trusts for machine learning marketplace Bittensor (TAO) and smart contract platform Sui Network (SUI). In a new press release, the world's largest crypto asset manager says it's launching the new products due to growing consumer demand for diversification.

World's largest crypto asset manager, Grayscale, has announced the launch of two more crypto products. They are already offering over 20 crypto investment funds including Bitcoin, Bitcoin Cash, Ethereum etc. They now have announced the launch of crypto investment funds for Sui and TAO. Let's explore what they plan with these new investment trusts.

Cryptocurrency asset manager Grayscale announced new investment funds – Grayscale Sui Trust and Grayscale Bittensor Trust – on 7 August. The strategic move underscores Grayscale's dedication to broadening its product to meet the increasing demand for cryptocurrency. The new products aim to boost exposure to progressive digital currencies.

Grayscale has introduced two new crypto investment trusts, focusing on the Sui blockchain and the decentralized AI network Bittensor, according to an Aug. 7 statement. The Grayscale Bittensor Trust will invest in Bittensor's native TAO token, while the Grayscale Sui Trust will focus exclusively on Sui's SUI token.

Grayscale Investments has launched two new crypto investment trusts offering exposure to Bittensor and Sui. The funds are the Grayscale Bittensor (TAO) Trust and the Grayscale Sui (SUI) Trust, and will invest in the two blockchain protocol's native tokens.

TL;DR Grayscale Investments introduces two new trusts: Grayscale® Bittensor Trust and Grayscale® Sui Trust. Trusts respond to the growing demand for diversified investment options in cryptocurrencies. The Grayscale® Bittensor Trust invests in Bittensor's TAO token, while the Grayscale® Sui Trust focuses on the Sui protocol's SUI token.

Grayscale's new crypto trusts for Sui and Bittensor highlight the increasing investor appetite for diversified and innovative digital asset exposure. The post Grayscale rolls out trust products for Sui and Bittensor appeared first on Crypto Briefing.

These new offerings expand Grayscale's portfolio, which already includes over 20 crypto investment products. The Grayscale Bittensor Trust is focused exclusively on TAO, the native token of the Bittensor protocol.

Grayscale introduced the Grayscale Bittensor Trust and Grayscale Sui Trust, focusing on the Bittensor Protocol's TAO token and the Sui protocol's SUI token, respectively.

Grayscale has added the Bittensor protocol and the Sui network to its list of crypto investment products.

Grayscale, the investment firm behind popular bitcoin (BTC) and ether (ETH) exchange-traded funds, announced Wednesday to start offering two new crypto funds that invest in the native tokens of decentralized artificial intelligence (AI) project Bittensor Protocol (TAO) and layer-1 blockchain Sui (SUI).

The new Bittensor and Sui trusts joins Grayscale's list of 18 crypto investment products for accredited investors.

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