Grayscale® Introduces New Cryptocurrency Investment Trusts

Grayscale Dives Into DeFi with New Trusts

On a fine day in the ever-evolving digital landscape, August 12, 2025, Grayscale, the titan of digital asset investment, decided to make waves—nay, a tidal shift—with the launch of two shiny new toys for those with deep pockets: the Grayscale DeepBook Trust and the Grayscale Walrus Trust. What’s the fuss about, you ask? Well, these trusts are catapulting accredited investors into the heart of the Sui blockchain, and more specifically, into the native tokens—DEEP and WAL—that fuel the innovative engines behind the DeepBook and Walrus protocols.

The New Kids in Town

Let’s break it down. The Grayscale DeepBook Trust is a one-trick pony, holding exclusively the DEEP token, an essential cog in the machinery that runs the DeepBook protocol. On the flip side, we have the Grayscale Walrus Trust, which only holds the WAL token, the crown jewel of the Walrus protocol. For those who have been hoarding their investments like squirrels before winter, these trusts open a fresh, tantalizing gateway to Sui’s budding DeFi ecosystem, and they’re available for those who wear the badge of accredited investor—no exceptions, folks.

What’s exciting here is that both trusts are structured as private placements, allowing for daily subscriptions. This means more entry points as the digital asset world continues to spin and evolve at warp speed.

Protocols That Pack a Punch

Now, let’s shift gears and delve into these protocols pacing behind the curtains.

DeepBook isn't your run-of-the-mill trading platform; it’s a decentralized, central limit order book (CLOB) that aims to serve as the fundamental liquidity layer of the Sui blockchain. Imagine a high-octane fuel pump that fires low-latency, permissionless token trading to decentralized exchanges (DEXs), wallets, and all sorts of DeFi applications. If you’re into speed and efficiency, this protocol is your playground. It boasts features that would make traders weep tears of joy:

1. Institutional-grade infrastructure that makes fast and scalable trading a walk in the park.
2. Improved price execution courtesy of order book dynamics, slashing latency like a pro.
3. Its monumental role as a liquidity backbone within the Sui ecosystem.

DeepBook shines like a beacon for both retail investors and professionals alike searching for robust decentralized trading solutions that meet high-performance requirements.

Now, let’s not overlook the other star of the show: Walrus. This isn’t a marine mammal but a scalable, privacy-focused blockchain data storage and sharing platform built to cater to the insatiable appetite for massive data—especially vital in an age teeming with AI tools and intricate decentralized applications. The Walrus protocol is not just about handling data; it does it with flair and precision.

The highlights include:

1. Top-notch on-chain data storage and sharing, all while keeping privacy intact—because who wants their data in the spotlight?
2. Multi-blockchain compatibility to boot, while safeguarding Sui-native performance and security.
3. Ideal for applications across social media, gaming, and environments where efficient data management isn’t just a luxury; it's a necessity.

Walrus stands out not just for its architecture but for its ability to marry blockchain privacy with scalable data infrastructure, and boy, isn’t that a marriage most would envy?

The Ripple Effect

So why is this a big deal? Grayscale's foray into these trusts signals a strategic pivot from a laser focus on Layer 1 assets like Bitcoin and Ethereum toward the underlying protocols that make blockchain ecosystems tick. By allowing institutional investment in both liquidity (DeepBook) and data storage (Walrus), they’re diving headfirst into the more sophisticated waters of blockchain infrastructure investment—a move as savvy as it is necessary.

After the launch, the market seemed to agree, with DEEP and WAL tokens blowing up in price. DEEP shot up roughly 12% to about $0.17, while WAL climbed around 7% to nearly $0.43. One could almost hear the excited chatter of investors affirming their belief in these emerging infrastructures.

The Nitty-Gritty Details

Now for the nuts and bolts:

• Subscriptions for these trusts are currently limited to private placements for accredited investors, meaning if you're not holding that key, you'll be left out in the rain without an umbrella. And there’s no guarantee of secondary market trading—Grayscale has a sweet spot for exclusivity here.
• DEEP's market cap hovers around $580 million, while WAL isn't too far behind, inching near $609 million, both holding their ground in the 110-115 range among the largest tokens by market cap.
• By venturing into these products, Grayscale reflects a maturing approach to blockchain investments, emphasizing genuine protocol development and infrastructure innovation over simple speculative fantasies.

DeepBook and Walrus are not just high-tech novelties; they are addressing real needs within the Sui blockchain ecosystem, developed by the wizards at Mysten Labs. This Layer 1 network stands proudly on the pillars of high throughput, low fees, and smart contract efficiency, all ingeniously crafted using the Move programming language.

Thoughts from the Experts

Underlining the significance of these trusts, Rayhaneh Sharif-Askary, Grayscale’s Head of Product & Research, stated that these trusts present a unique opportunity, granting exposure to “two key protocols driving innovation within the Sui ecosystem.” And let’s not forget Adeniyi Abiodun, co-founder of Mysten Labs, who labeled the launch a “seminal moment” for the network, spotlighting the pivotal roles of DeepBook and Walrus in shaping Sui’s economic and data infrastructure.

Quest for Knowledge

Curious minds eager to explore the intricacies of Sui’s blockchain and the technology channels powering DeepBook and Walrus can find a treasure trove of resources through the knowledgeable folks at Mysten Labs. Besides, Grayscale’s official website has all the investment trust products laid out for anyone looking for the fine print.

As for those keeping their ear to the ground for further insights and coverage on the cryptocurrency front, reliable news sources like CoinDesk, Crypto Economy, and Coinspeaker are excellent companions to have by your side.

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About The Author

Juan Jenaro Matus

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