Grayscale Launches a New Fund with Exposure to Aave
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Grayscale Investment yesterday announced the launch of a new fund that provides investors with exposure to governance tokens.
The fund, called the Grayscale Aave Trust, is available to both individual and institutional accredited investors, giving them the opportunity to invest in the Aave protocol.
Aave is a decentralized finance crypto platform that allows users to borrow and lend crypto and utilizes smart contracts.
According to Grayscale’s Head of Product & Research, Rayhaneh Sharif-Askary, Aave has the potential to revolutionize traditional finance by leveraging blockchain technology and removing intermediaries and human judgment from the lending process.
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