In another sign of renewed exuberance in cryptocurrency markets, Grayscale Investments has broken above $10 billion in digital assets under management for the first time.
- That's up from $7.6 billion on Oct. 30, according to the firm's November reporthttps://grayscale.co/wp-content/uploads/2020/11/Grayscale-Investor-Deck-November-2020.pdf.
- The assets are held across nine single-asset investment trusts and a diversified fund. Shares in these vehicles are offered directly only to accredited investors, but most of them can be publicly traded on the over-the-counter markets.
- Grayscale is owned by Digital Currency Group, which is also the parent company of CoinDesk.
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