Digital asset manager Grayscale has created a new fund that offers the opportunity to invest in platforms where smart contract technology can be used.
Founded by Grayscale Smart Contract Platform ex Ethereum Fund (GSCPxE) The new mutual fund, called the Decentralized Finance Ecosystem, provides investors with a Alternative platforms to Ethereum gives you the opportunity to log in.
In the portfolio of the fund Cardano (ADA), Solana (SOL), Avalanche (AVAX), Polkadot (DOT), Polygon (MATIC), Algorand (ALGO) and Stellar (XLM) is located. According to Grayscale’s CEO, Michael Sonnenshein, one of the fund’s missions is to provide investors with to multiple platforms To provide diversity by offering opportunities.
“Smart contract technology plays a critical role in the growth of the digital economy, but it is too early to tell which platform will win this race.” said Sonnenshein, “With GSCPxE, investors don’t have to guess who will win this race, instead. they can be involved in the development of the smart contract ecosystemthat’s the beauty of GSCPxE.” he added.
grayscale; many investors in the Ethereum ecosystem currently actively operating he excludes ether from this background. GSCPxE is now available to investors. to more alternative platforms will provide an opportunity to invest.
24 percent each of Fonda Cardano and Solana; Avalanche and Polkadot have 16 percent weight.