CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
cryptonews 2023-07-10 12:39:00

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

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.