Grayscale Launches Pyth Trust for US Accredited Investors
- Grayscale introduced the Pyth Trust, offering US accredited investors exposure to PYTH through a regulated security format.
- The PYTH token, part of the Pyth Network, saw increased market price and liquidity after being listed on Binance.
- VanEck launched a Pyth Exchange Traded Note in November 2024 across 15 European countries.
- Robinhood recently added the PYTH token to its trading platform, enhancing retail access.
- Grayscale is exploring other Solana-based assets like Jupiter (JUP) and Helium (HNT) for future investment products.
Grayscale’s launch of the Pyth Trust simplifies investment in PYTH by providing a regulated security format, coinciding with rising institutional interest in the Pyth Network.
Source (2.6)https://cryptobriefing.com/grayscale-pyth-trust-investors/?rand=59535
