Grayscale Investments said on Friday it was launching an investment fund aimed at dogecoin, as the cryptocurrency asset manager looks to tap into the increasing momentum around alternatives to bitcoin.
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Grayscale has launched a Dogecoin Trust, marking a major shift in how this once-dismissed memecoin is perceived. According to CoinDesk,
Grayscale has launched a new trust designed to offer institutional investors exposure to Dogecoin (CRYPTO: DOGE), marking a notable step in the evolution of meme coins as investable assets. What Happened: The company announced the product on Friday,
Dogecoin whale with $100m portfolio compares a $0.0420 altcoin, WallitIQ (WLTQ), to Dogecoin at $0.0002, says now could be the best time to buy in its ongoing token presale.
Grayscale has rolled out a new trust offering exposure to dogecoin (DOGE), the asset manager announced Friday.
Grayscale introduced a Dogecoin Trust for institutional investors, recognizing Dogecoin's evolution from a meme to a tool for financial inclusion. The trust, solely backed by Dogecoin, reflects institutions adapting to a changing regulatory environment.
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Grayscale unveils a Dogecoin Trust, expanding crypto ETFs as DOGE gains mainstream investment traction amid regulatory shifts.