Grayscale Launches DeepBook and Walrus Trusts for Sui Protocols
Grayscale has launched two new single-asset trusts: Grayscale DeepBook Trust and Grayscale Walrus Trust. These trusts invest in the native DEEP and WAL tokens, respectively.
- DeepBook is a decentralized central limit order book on the Sui blockchain, providing liquidity for decentralized exchanges and applications.
- Walrus is a data storage platform designed to support AI-driven information needs.
- The trusts are available for daily subscription through private placement to accredited investors, enabling institutional participation in Sui’s DeFi, social, and gaming sectors.
Grayscale is known for its Bitcoin Trust and Ethereum equivalent, both converted into ETFs. The firm is expanding into niche digital asset markets to attract a broader investor base.