The World's Largest Digital Asset Manager Announces Launching Funds for Two Surprise Altcoins!

Grayscale Investments has introduced two new crypto investment vehicles, Grayscale Lido DAO (LDO) Trust and Grayscale Optimism (OP) Trust, aiming to provide institutional and accredited investors with exposure to significant Ethereum ecosystem tokens.

The trusts announced today both target the governance token of Lido DAO (LDO) and the native token of Optimism (OP), both of which play a critical role in the ongoing development of Ethereum. Lido DAO focuses on staking accessibility, while Optimism addresses Ethereum's scalability through its Layer-2 solution.

Rayhaneh Sharif-Askary, Product and Research Director at Grayscale, said, "Grayscale Lido DAO Trust and Grayscale Optimism Trust expose investors to protocols that help increase the efficiency, security, scalability, and broader adoption of Ethereum in the DeFi ecosystem."

Trusts can now be used for daily subscriptions, allowing eligible individual and institutional accredited investors to be exposed to LDO and OP tokens directly without owning them. These tools are joining Grayscale's single asset investment product package designed to provide secure and regulated crypto exposure for high net worth and institutional clients.

Grayscale explained that these investment vehicles are only available to accredited investors, which requires individuals to have a minimum of $1 million in net worth or $300,000 in total household income.