Grayscale’s diversified crypto fund becomes SEC-reporting firm

Grayscale’s diversified crypto fund becomes SEC-reporting firm


Cryptocurrency asset manager Grayscale Investments continues reinforcing its commitment to digital currency investment products with a new filing with the United States Securities and Exchange Commission, or SEC.

The company announced Monday that it has filed a Form 10 registration statement 10 with the SEC on behalf of its Grayscale Digital Large Cap Fund (GDLC) to become an SEC reporting company.

Grayscale’s diversified digital currency investment fund will now file its reports and financial statements as 10-Qs and 10-Ks with the SEC, along with current reports on Form 8-K, in addition to “complying with all other obligations” under the Exchange Act, the firm said.

Trending: BREAKING: Fauci Says Masks Are Coming Back!

Additionally, accredited investors who purchased shares in the fund’s private placement will acquire an earlier liquidity opportunity as the holding period for the applicable private placement shares would be cut from 12 months to six months under Rule 144 of the Securities Act.

Grayscale also announced that it has publicly filed three additional registration statements on Form

Continue reading

You Might Like

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend