• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Grayscale Supports Lido DAO and Optimism with New Trusts

user avatar

by Giorgi Kostiuk

a year ago

Grayscale, a well-known cryptocurrency investment firm, has introduced two new Trusts for Lido DAO and Optimism, which play important roles in Ethereum's ecosystem.

Grayscale Expands Investments

Grayscale has announced the launch of new trusts for Lido DAO and Optimism. This move aligns with the company's strategy to support projects that enhance Ethereum’s scalability, security, and usability, particularly in decentralized finance (DeFi).

Role of Lido DAO and Optimism in Ethereum Ecosystem

Lido DAO is a leading platform for staking Ethereum, while Optimism provides solutions for scaling transactions. Both protocols aim to improve the efficiency of the Ethereum blockchain.

Overcoming Challenges and Strengthening Positions

Despite challenges like price changes and technical problems, both Lido DAO and Optimism have shown resilience. Grayscale confidently supports these initiatives contributing to wider Ethereum adoption.

Grayscale is committed to supporting Lido DAO and Optimism solutions, fortifying their positions in the DeFi sector and promoting the overall development of the Ethereum ecosystem.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Employee Resigns from Input Output Global Amid Cardano Incident Fallout

chest

An employee from Input Output Global resigned due to concerns over legal risks associated with development mistakes after the Cardano incident.

user avatarGustavo Mendoza

Cardano Experiences Major Chain Split Due to Software Flaw

chest

Cardano experienced its first significant chain split in eight years due to a software flaw, leading to a temporary division of the network.

user avatarMiguel Rodriguez

Homer J Admits Responsibility for Cardano Chain Split Incident

chest

Homer J admitted responsibility for the Cardano chain split incident, stating it was a personal challenge gone wrong.

user avatarRajesh Kumar

Stand With Crypto Influences New Jersey Gubernatorial Election Outcome

chest

Stand With Crypto played a crucial role in mobilizing voters during the 2025 New Jersey gubernatorial election, contributing to Democrat Mikie Sherrill's victory by around 450,000 votes.

user avatarLuis Flores

Skepticism Grows Over Soul World Bank Merger Due to Lack of Regulatory Evidence

chest

Skepticism grows over the merger between Soulpower Acquisition Corp and SWB LLC due to the lack of regulatory evidence.

user avatarMaria Gutierrez

Concerns Arise Over Unconfirmed $81 Billion Merger in Crypto Sector

chest

Concerns arise over an unconfirmed $81 billion merger in the crypto sector involving Soulpower Acquisition Corp and SWB LLC, highlighting issues of misinformation and media reliability.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.