Grayscale and Republic Launch Three Crypto Funds

Grayscale has partnered with Republic to make three crypto investment products available to eligible investors with a $2,500 minimum investment, according to CryptoNews. Announced on Oct. 15, the partnership includes the Grayscale DeFi Fund, Grayscale Decentralized AI Fund, and Grayscale Data Network Trust.

U.S. participation is restricted to accredited investors under Rule 506(c) of Regulation D, requiring status verification through net worth, income thresholds, or specific professional credentials. Outside the U.S., Republic’s disclosures outline a separate Regulation S offering for qualifying non-U.S. persons in offshore transactions.

Fund Offerings and Holdings

The offerings span six decentralized finance tokens, four artificial intelligence-related assets, and one data network token. Republic’s fund page lists Uniswap, Aave, Ondo, Ethena, Curve, and Lido DAO as the holdings for the DeFi Fund. The Decentralized AI Fund holds NEAR Protocol, Bittensor, Render, and Filecoin, while the Data Network Trust targets the DATA token.

Private placement shares involve resale restrictions, limited liquidity, and the risk of a total loss. Republic noted that eligible participants gain exposure to underlying digital assets without directly buying, storing, or safeguarding the tokens.

Key facts

• Grayscale and Republic partnered to offer three crypto funds with a $2,500 minimum investment starting Oct. 15.
• U.S. investors must qualify as accredited investors under Rule 506(c) with verified eligibility.
• Offerings include the Grayscale DeFi Fund, Decentralized AI Fund, and Data Network Trust.
• Holdings span assets including Uniswap, Aave, NEAR Protocol, Bittensor, and the DATA token.
• Shares are restricted private placements with limited liquidity and resale restrictions.