Lido Protocol's LDO Token Included as Second-Largest Holding in Grayscale's DeFi Fund

The digital asset management firm Grayscale added Lido liquid staking protocol’s governance token to its DeFi fund. The firm announced that it has adjusted the DeFi fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings, and using the cash proceeds to purchase Lido (LDO). Lido token now ranks second in the Grayscale DeFi fund, making up 19.04% of it, the company revealed in a press release last week.... Read More: Lido Protocol's LDO Token Included as Second-Largest Holding in Grayscale's DeFi Fund