earlier today The first ETF in Europeannouncing that it will launch its Grayscale Investmentsafter that statement OTC Markets adds 5 more cryptocurrencies to its lineupIt came to the fore with the news.
Grayscale Basic Attention Token Trust (GBAT), Grayscale Chainlink Trust (GLNK), Grayscale Decentraland Trust (MANA), Grayscale Filecoin Trust (FILG) and Grayscale Livepeer Trust (GLIV) Announcing that it has started trading on OTC Markets, Grayscale published the news on its official Twitter account:
Five of our investment products are newly available to trade via @OTCMarkets:$MANA grayscale #Decentraland trust$GLIV grayscale $LPT trust$FILG grayscale $FIL trust$GLNK grayscale $LINK trust$GBAT grayscale $BAT trust
Learn more: https://t.co/VTDr2Jn5nf pic.twitter.com/BnT5rxcs2d
— Grayscale (@Grayscale) May 16, 2022
The regular names of the respective coins; Decentraland (MANA), Livepeer (LPT), Filecoin (FIL), Chainlink (LINK), Basic Attention Token (BAT)
Investors will be able to buy and sell freely traded shares of GBAT, GLNK, MANA, FILG and GLIV through investment accounts in the same way as other unregistered securities, the firm said in a statement.
Grayscale’s chief legal officer, Craig Salm, stated that the firm is targeting clients who want to access digital assets but earn in a familiar and transparently regulated investment vehicle.
With the addition of these 5 new products, the company will offer its customers 14 cryptocurrencies traded on OTC markets, including the popular Grayscale Bitcoin Trust (OTCQX: GBTC).
Salm continued:
What we have designed at Grayscale is the four-stage product lifecycle, where each stage and product results in becoming more accessible to more types of investors, with the fourth and final stage being converted into an ETF.
said.