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🍿 Grayscale, the World’s Largest Crypto Asset Manager Announces Stacks Trust

The Grayscale Stacks Trust is a major milestone for accelerating institutional interest in Stacks

Exciting news! Grayscale, the world's largest crypto asset manager, announces Grayscale Stacks Trust, one of the first securities solely invested in and deriving value from the price of Stacks that enables investors to gain exposure to STX in the form of a security while avoiding the challenges of buying, storing, and safekeeping STX directly.

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Stacks is a Bitcoin layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Stacks exists to unlock Bitcoin’s full potential as the largest, most valuable, durable, decentralized asset. Learn more here.