Michael Sonnenshein, CEO of digital asset administration large Grayscale, has introduced a brand new funding car for the agency focused at decentralized finance (DeFi) belongings.

Sonnenshein introduced Grayscale’s deliberate DeFi Fund and Index throughout an look on CNBC’s Squawk Field. Detailing the aim of the brand new product, the Grayscale CEO mentioned the fund would supply publicity to DeFi belongings, similar to Uniswap (UNI) and Aave, for its institutional shoppers.

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