Grayscale Launches Two New Crypto Investment Vehicles

Grayscale Investments has announced the launch of two new crypto investment vehicles: the Grayscale Lido DAO Trust and the Grayscale Optimism Trust. These trusts aim to provide institutional and accredited investors with exposure to tokens central to the Ethereum ecosystem.

Launched on Thursday, the trusts represent Grayscale’s ongoing expansion into Ethereum-related products, focusing on governance tokens of Lido DAO and Optimism. These protocols play crucial roles in enhancing Ethereum’s growth, specifically in scalability and staking accessibility.

> “Grayscale Lido DAO Trust and Grayscale Optimism Trust provide investors with exposure to protocols helping to increase Ethereum's efficiency, security, scalability, and adoption within the broader DeFi ecosystem,” said Grayscale Head of Product & Research Rayhaneh Sharif-Askary.

Investment Opportunities for Accredited Investors

The new trusts are available for daily subscriptions, allowing eligible individual and institutional accredited investors to gain exposure to LDO and OP tokens without directly holding these assets. These vehicles complement Grayscale’s range of single-asset investment products, which serve institutional and high-net-worth investors seeking secure, regulated exposure to crypto assets.

The Lido DAO Trust is categorized under Grayscale’s “Financials Crypto Sector,” which focuses on financial transactions and services. In contrast, the Optimism Trust falls under the “Smart Contract Platforms Crypto Sector,” targeting protocols that support decentralized transactions and applications.

Grayscale clarified that these trusts will invest directly in both tokens on behalf of the investors. Furthermore, these offerings are available exclusively to accredited investors, defined as individuals with a net worth of at least $1 million or a combined household income of $300,000.

In the past 24 hours, the price of OP has surged over 11% to $2.58, while LDO has increased by more than 20% to $2.28, according to The Block's Prices Page.