Grayscale Launches Crypto Pledge Fund, Initially Includes APT, TIA, and Nine Other Tokens

Grayscale has announced the launch of a new crypto pledge fund called the Grayscale Dynamic Income Fund (GDIF), which is designed to earn income by investing in cryptocurrencies, and will distribute rewards in dollars on a quarterly basis. GDIF will initially contain assets from nine blockchains; Aptos (APT), Celestia (TIA), Coinbase Staked Ethereum (CBETH), Cosmos (ATOM), Near (NEAR), Osmosis (OSMO), Polkadot (DOT), SEI Network (SEI) and Solana (SOL). Michael Sonnenshein, CEO of Grayscale, said, "As our first actively managed fund, GDIF is a significant expansion of our product suite, enabling investors to participate in multi-asset pledges through the convenience and familiarity of a single investment vehicle."