Key Notes

Grayscale launches DeepBook and Walrus trusts linked to key Sui blockchain protocols.

WAL and DEEP tokens saw increased trading activity and price volatility following the launch.

Institutional investors gain new avenues for exposure to Sui DeFi and data infrastructure.

Grayscale, recognized as one of the largest digital asset-focused investment managers, launched on August 12 two new single-asset trusts providing direct exposure to the DEEP and WAL tokens linked to foundational protocols within the Sui blockchain network.

According to the announcement , the Grayscale DeepBook Trust and Grayscale Walrus Trust mark a strategic expansion of Grayscale’s product suite and shine a spotlight on infrastructure tokens driving innovation in decentralized finance (DeFi) and on-chain

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