Grayscale and CoinDesk Launch DeFi Fund and Index

Grayscale Investments, the largest digital currency asset manager, and CoinDesk Indexes, a subsidiary of CoinDesk Inc., have announced the launch of the Grayscale Decentralized Finance (DeFi) Fund and Index. This initiative aims to provide investors with diversified exposure to the DeFi ecosystem, which is a rapidly growing segment of the cryptocurrency market. The fund and index will track a selection of DeFi protocols, offering a new investment avenue for those interested in the decentralized finance space.