Grayscale Launches New Crypto Investment Trusts for SUI and TAO

Grayscale, a leading crypto asset manager, has introduced two new crypto investment products: the Grayscale Bittensor Trust and the Grayscale Sui Trust. These new additions expand Grayscale's portfolio to 18 crypto investment products.

The Grayscale Bittensor Trust focuses on Bittensor's native token, TAO, while the Grayscale Sui Trust is dedicated solely to the Sui protocol's SUI token. This move is aimed at providing investors with access to tokens that are at the forefront of the crypto ecosystem's evolution.

"We are excited to add Bittensor and Sui to our product suite," said Rayhaneh Sharif-Askary, Grayscale’s head of product and research. "Bittensor is at the center of decentralized AI growth, while Sui is redefining the smart contract blockchain."

This launch follows Grayscale's recent introduction of trusts for Near (NEAR) and Stacks (STX) on May 23, aimed at accredited institutional and retail investors seeking a diversified crypto portfolio. Grayscale's expanding list of trusts also includes investments in Solana, Litecoin, Stellar, Zcash, Chainlink, and Decentraland.

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