Crypto asset manager Grayscale announced today a new partnership with Republic, a leading onchain global investment platform.
This partnership will enable Grayscale’s select investment products to be offered to qualified investors through the Republic platform.
The products to be offered under the partnership will initially include the Grayscale DeFi Fund (DEFG), the Grayscale Decentralized AI Fund, and the Grayscale Data Network Trust Fund.
Investment Opportunities in Three Different Areas!
According to the announcement, Grayscale will offer select investment products in the areas of DeFi, decentralized AI, and AI data infrastructure.
Accordingly, it was stated that Grayscale DeFi Fund (DEFG), Grayscale Decentralized AI Fund, and Grayscale Data Network Trust Fund will be offered to investors in the first phase.
The products that will be offered on the Republic platform are “Uniswap, Aave, Ondo, Ethereum, Curve, Lido, NEAR, Bittensor, Render Filecoin and DATA”
“The Grayscale products that will be offered on the Republic platform are as follows:
• Grayscale DeFi Fund: A basket of leading DeFi protocols including Uniswap (UNI), Aave (AAVE), Ondo (ONDO), Ethereum (ENA), Curve (CRV), and Lido (LDO)
• Grayscale Decentralized AI Fund: A basket of protocols operating at the intersection of blockchain and AI, including NEAR (NEAR), Bittensor (TAO), Render (RENDER), and Filecoin (FIL).
• Grayscale Data Network Trust: The native token of the DATA Network is DATA.
Republic co-CEO Andrew Durgee said, “Republic’s mission is focused on digital assets and investor access. This partnership with Grayscale offers our Republic user base a simple way to add diversified digital asset investment to their portfolios with a minimum investment of just $2,500, early in the lifecycle of these funds, at a time traditionally limited to institutional investors.”
Grayscale concluded by stating that these products will only be offered to accredited investors who meet the necessary criteria, emphasizing that investors should review the risks, fees, and other terms of the funds before making a decision.
