Asset manager Valkyrie Investments announced that it has launched a trust for accredited investors focused on the native token of the Avalanche network. .@ValkyrieFundsannounced the launch of Valkyrie
Asset manager Valkyrie Investments announced that it has launched a trust for accredited investors focused on the native token of the Avalanche network.
.@ValkyrieFundsannounced the launch of Valkyrie Avalanche Trust (VAVAX), one of the industry’s leading digital asset investment managers. $AVAX. https://t.co/ssEDx81lEf
The purchase of other assets in the Valkyrie Avalanche Trust (VAVAX) is not provided.
The product is the protector of Copper Technologies.
Management fee will be 2% AUM. Investing in a trust is possible from $25,000.
Previously, Valkyrie Investments has launched products based on Bitcoin, Polkadot, Dash, Tron, and Zilliqa, as well as a number of assets (Bitcoin, Ethereum, Avalanche, Binance Coin, Terra, Polygon, and others).
Recall that in April, Ava Labs, the startup behind Avalanche, opened a $350 million funding round with a valuation of $5.25 billion.
Earlier, the head of the organization, John Woo, refused to name Avalanche as a competitor to Ethereum.
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.