Grayscale launches Aave investment fund
The AAVE token has outperformed this year after tokenholders endorsed upgrades to its tokenomics.
Asset manager Grayscale Investments launched a new investment fund for Aave’s governance token, AAVE, according to an Oct. 3 announcement.
The Grayscale Aave Trust “offers investors the opportunity to gain exposure to AAVE, the governance token for Aave’s platform,” Grayscale said.
The fund, which is only available to qualified investors, adds to Grayscale’s suite of single-asset crypto investment products. In August, Grayscale launched three trusts to invest in the native protocol tokens of Sky (previously MakerDAO), Bittensor and Sui, respectively.
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Author: Alex O’Donnell
