Grayscale Launches New Fund For AI Coins
The weighting of the five tokens in one share of the fund amounts to NEAR – 32.99%; FIL – 30.59%; RNDR – 24.86%; LPT – 8.64%; and TAO – 2.92%
Grayscale, a leading crypto asset manager, has recently garnered global attention by announcing its new fund for AI coins, the Grayscale Decentralized AI Fund. As per an official statement released on July 17th, this move represents a first-of-its-kind initiative that provides users with an investment vehicle focused on securities linked to decentralized AI protocols.
The fund seeks to address the need for users to directly engage with digital currencies, offering them a share to invest comprising essential fund components. This brief overview aims to provide a better understanding of the market implications of this development.
The fund is designed to reflect the combined value of these components. The weighting of the five tokens in one share of the fund amounts to NEAR – 32.99%; FIL – 30.59%; RNDR – 24.86%; LPT – 8.64%; and TAO – 2.92%.
