Grayscale launches new investment vehicles for NEAR and STX

Asset manager Grayscale unveiled two new trusts for NEAR and STX investments. Both trusts will grant investors exposure to NEAR and STX prices. Grayscale's investment in NEAR and STX could cause a positive price impact on the tokens. In a press release on Thursday, Grayscale announced the creation and launch of Near Protocol and Bitcoin Layer 2 Stacks single asset trusts.

With continued demand for diversified crypto-asset exposure, Grayscale remains committed to launching new products that enable investors to access emerging and evolving parts of the crypto ecosystem, said Grayscale's Head of Product & Research, Rayhaneh Sharif-Askary.

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