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Thu, Jan 14, 2021 11:15 PM by The Daily Hodl

Ripple Effect: Institutional Giant Grayscale To Dissolve XRP Trust

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Grayscale Investments is dissolving the Grayscale XRP Trust in light of the U.S. Securities and Exchange Commission’s lawsuit against Ripple. Grayscale, which is the largest digital currency asset manager in the world, says it will liquidate the product and distribute the money to its shareholders. “In response to the SEC’s action, certain significant market participants […] The post Ripple Effect: Institutional Giant Grayscale To Dissolve XRP Trust appeared first on The Daily Hodl.

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