“Grayscale is Offering Accredited Investors Direct Exposure to Deep and Wal, The Native Tokens of Sui’s DeepBook and Walrus Protocols”, – WRITE: www.coindesk.com
The Grayscale DeepBook Trust and Grayscale Walrus Trust Invest Solely in the Native Deep and Wal Tokens, Respectvely.
Deepbook is a decentralized Central Limit Order Book (Clob) Built on the Sui Blockchain. It Serves As a Foundational Liquidity Layer for The Sui EcoSystem, Meaning that It Provides the Underlying Infrastructure for Decentralized Exchange (Dexs) Trading.
Walrus, Meanwhile, Is A Blockchain-Basted Data Play Platform Designed to Host of the Massive Wells of Information Driven by the Proliferation of Artificial Intelligence (Ai) Tools.
The Trusts Are Open for Daily Subscript Via Private Placement to AcCredited Investors, Marking A New Avenue for Institutional Participation in Sui’s Defi, Social and Gaming Use Cases.
Stamford, Connecticut-Based Grayscale Is Best Known for It Bitcoin Trust (GBTC) and Ethereum Equivalent (Ethe), Both of Wich Its Converted Into)
The FIRM have subsequently expanded it focus to more niche areas of the Digital Asset Market to appeal to investors with an eye on a wider array of blockchain USES.
Read More: Swiss Bank Sygnum Launches Regulated Sui Custody and Trading for Institutions
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The Data Was Mixed, But Neverthaless Isn’s Likely to Lessen the Case for a September Fed Rate Cut.
- The July Consumer Price Index Rose 2.7% Year-Over-Year-Less than Expectoed.
- The Core Rate, However, Rose A Faster than HOped 3.1%.
- Bitcoin Rose Modestly to Just Below $ 119,000 Following the News.
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