Grayscale partners with Republic to offer 3 crypto funds from $2,500

Grayscale has partnered with Republic to make three crypto investment products covering decentralized finance, artificial intelligence, and data networks available to eligible investors with a $2,500 minimum investment. Summary Three Grayscale products are available through Republic, each requiring a minimum investment of $2,500. U.S. participation is limited to accredited investors whose eligibility must be verified before investing. The offerings cover six DeFi tokens, four AI-related assets and the DATA Network’s native token. Private placement shares carry resale restrictions, limited liquidity and the risk of a total loss. Grayscale announced the agreement on Oct. 15, naming the Grayscale DeFi Fund, Grayscale Decentralized AI Fund and Grayscale Data Network Trust as the initial products available through Republic. Through the arrangement, Republic said eligible participants can gain exposure to the underlying digital assets without buying, storing, or safeguarding the tokens themselves. Describing the agreement, Republic co-CEO Andrew Durgee said: “Republic’s mission focuses on digital assets and investor access.” Durgee said the partnership gives Republic users access early i...