NEW!Incredible offer for our exclusive subscribers! Read More
Altcoins

Grayscale Acquires More MANA, LPT, LINK, FIL

1 Mins read

Grayscale Investments, subsidiary of Barry Silbert’s Digital Currency Group (DCG), has added more MANA, LPT, LINK and FIL coins, according to the recent data.

cryptonews.net

Grayscale buys more altcoins for its trusts

Large cryptocurrency fund Grayscale has bought more altcoins to add to its recently launched crypto trusts – MANA, LPT, FIL and LINK.

The purchases have been made in the past twenty-four hours, according to the data from the analytics platform Bybt.

The biggest amount of crypto it has purchased is that of MANA – 16,710 tokens.

The table on the website shows that Grayscale has been buying more of these cryptocurrencies in the past week and past thirty days overall.

The total amount of crypto assets under management of Grayscale is now worth $51.41 billion, as per Bybt.

Earlier this week, LINK soared to a new all-time high, exceeded the $50 mark.

Digital Currency Group keeps purchasing GBTC

As covered by U.Today earlier, the parent company of Grayscale, DCG run by Barry Silbert, continues to follow its plan of repurchasing Grayscale’s GBTC shares.

According to the recent report, DCG bought 1,695,217 shares in March as part of its $250 million repurchase programme.

However, Bitcoin Trust’s GBTC keeps trading at a discount. At the time of writing, it is equal to -12.62 percent.

Related posts
AltcoinsBTCBusinessCryptoETHMiningNewsOtherStock

Binqwix.com collaborates with Stake.com to offer Crypto services for its users

1 Mins read
Binqwix.com has collaborated with Stake.com to give crypto gamblers with a top-tier exchange where they can deposit, sell, and even convert Crypto…
AltcoinsBTCBusinessCryptoETHOther

Tradex-wallet.com staking platform with the best percentages or is it a temporary phenomenon?

1 Mins read
As it became known, tradex-wallet announced the announcement of a new staking program, rewards and large payouts for staking, the platform raffles…
AltcoinsBTCCryptoETHOther

Cryptwex & 15 More Crypto Exchanges Face Ire of South

2 Mins read
Sixteen international crypto exchanges. Including and the Mexican heavyweight MEXC. Have landed in hot water with Cryptwex.com financial regulators. For failing to comply with local guidelines….
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *