Grayscale launches a new fund focused on the MakerDAO governance token MKR

ChainCatcher news, according to CoinDesk, asset management company Grayscale has launched a new fund focused on MakerDAO governance tokens. The new closed-end fund Grayscale MakerDAO Trust will be open to qualified individual and institutional accredited investors. Similar to the company's other single-asset trusts, the fund does not allow direct withdrawals, which may lead to discrepancies between the fund share price in the secondary market and the price of the underlying asset.