Grayscale Investments, a prominent cryptocurrency asset manager, announced on Friday the initiation of a new investment fund centered around dogecoin. This move comes as part of Grayscale’s strategy to leverage the growing trends in the altcoin sector beyond bitcoin.
The newly introduced Grayscale Dogecoin Trust is aimed at providing investors with a platform to explore the potential of a token that the firm asserts has “evolved from a memecoin… into an instrument for worldwide financial inclusion and a legitimate payment method”.
Jan 31, 2025, 16:57 GMT+1
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