Grayscale DLC fund share approved for public offer in the OTC market

Grayscale, the digital currency asset management company, announced that its “digital market capitalization fund” (DLC) share has been approved by the US Financial Supervisory Authority (FINRA) for public offering in the OTC market under the symbol GDLCF. This marks the introduction of the first publicly quoted securities whose value comes from a variety of digital currencies. It is reported that DLC is an open-end fund managed by grayscale, which enables investors to obtain the price trend of large-capital digital currency through investment tools, thus avoiding the risk of directly purchasing, storing and keeping digital currency.