Grayscale Investments, the largest digital asset manager announced the addition of Chainlink to its Grayscale Digital Large Cap Fund (GDLC) after updating the Fund Component weightings. The firm in its official announcement said,
Grayscale has adjusted the Fund’s portfolio by selling the existing Fund Components in proportion to their respective weightings and using the cash proceeds to purchase Chainlink (LINK) in accordance with the Fund’s construction criteria.
The addition of Chainlink to Grayscale’s Large Cap Funds comes just a week after the asset manager announced an independent Trust for Chainlink allowing investors exposure to Chainlink market movements.
The post Breaking: Grayscale Adds Chainlink to its Large Cap Fund appeared first on Coingape.
This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CryptosOnline.com does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.
#Bitcoin #Crypto #Cryptocurrency