Grayscale’s New Trusts: Dive into Sui’s Wacky World of DeepBook and Walrus! 🐳💰

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What to know:

  • Hold onto your wallets, folks! Grayscale just dropped two shiny new single-asset trusts for Sui protocols: DeepBook and Walrus! 🐋💸
  • DeepBook is like a decentralized central limit order book, but without the boring board meetings! Built on the Sui blockchain, it’s the place where liquidity goes to party! 🎉
  • And then there’s Walrus! This isn’t just any old blubbery creature; it’s a blockchain-based data storage platform that’s ready to host all your AI-driven data needs. Because who doesn’t want a walrus in their tech stack? 🦭

So, Grayscale is at it again, launching the Grayscale DeepBook Trust and Grayscale Walrus Trust, which invest solely in the native DEEP and WAL tokens. Because why not? 💁‍♂️

DeepBook is your go-to decentralized central limit order book (CLOB) on the Sui blockchain. It’s like the backbone of the Sui ecosystem, providing the infrastructure for decentralized exchanges (DEXs), wallets, and other applications to trade tokens. Talk about a heavy lifter! 💪

And let’s not forget Walrus! This blockchain-based data storage platform is designed to handle the massive wells of information that come with the AI explosion. It’s like a data buffet, and everyone’s invited! 🍽️

The trusts are now open for daily subscription via private placement to accredited investors. So, if you’re an accredited investor, grab your chance to dive into Sui’s DeFi, social, and gaming use cases! 🎮💰

Stamford, Connecticut-based Grayscale is best known for its Bitcoin Trust (GBTC) and Ethereum equivalent (ETHE), both of which have been transformed into exchange-traded funds (ETFs). They’re like the superheroes of the crypto world! 🦸‍♂️

And now, they’re expanding their focus to more niche areas of the digital asset market, appealing to investors who want to explore the wild and wacky world of blockchain use cases. Buckle up, it’s going to be a bumpy ride! 🎢

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2025-08-12 17:13