Grey releases new fund focused on MakerDAO governance token MKR
2024-08-13 13:08:53
Asset manager grey release has launched a new fund focused on MakerDAO governance tokens. The new closed-end fund, Grayscale MakerDAO Trust, will be open to qualified individual and institutional accredited investors. Similar to the company's other single-asset trusts, the fund does not allow direct withdrawals, which can lead to a deviation between the fund share price and the underlying asset price in the secondary market.
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