The Grayscale digital asset investment platform has launched two new asset trusts for a single program that provide exposure to SUI and MORSA protocols.
The gray scale trust and Morsa’s trust on the gray scale invest only in the native Deep and Wal tokens, respectively.
Deepbook is a decentralized central boundary book (CLOB) Built in the Sui Blockchain. It serves as a fundamental liquidity layer for the sui ecosystem, which means that it provides the underlying infrastructure for decentralized exchanges (DEXS)Wallets and other applications in SUI to facilitate tokens trade.
Meanwhile, Walrus is a Blockchain -based data storage platform designed to house the massive wells of information driven by artificial intelligence proliferation (AI) tools.
Trusts are open for daily subscription through private placement to accredited investors, marking a new way for institutional participation in cases of use of sui defi, social and game of sui.
Grayscale, based in Stamford, Connecticut, is better known for its Bitcoin Trust (GBTC) and Ethereum equivalent (Ethe)that has become bounted funds in the stock market (ETF).
Subsequently, the firm has expanded its focus on more niche areas of the digital asset market to attract investors with one eye in a broader range of blockchain use cases.
Read more: Swiss Bank Sygnum launches custody and regulated trade of SUI for institutions
