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Grayscale® Near Trust Now Trading on OTCQB® Market
Globenewswire·2025-09-26 13:00

Core Insights - Grayscale has launched Grayscale® Near Trust (GSNR), which is now trading on OTCQB, marking a significant step in providing investors access to the NEAR blockchain platform [1][2][3] Company Overview - Grayscale is the largest digital asset-focused investment platform with an AUM of $34 billion as of September 24, 2025, and has been operational since 2013 [5] Product Development - The introduction of GSNR reflects Grayscale's strategy to transition private offerings to public markets, allowing accredited investors to gain exposure to NEAR since May 2024 [2][3] - GSNR enables investors to buy and sell shares through standard brokerage accounts, similar to other unregistered securities [4] Technological Context - The NEAR blockchain, co-founded by Illia Polosukhin, is designed for AI applications and features "intents" that simplify user transactions across multiple chains [3][6] - The adoption of intents has been significant, with integrations into next-generation smart contract platforms like Sui, enhancing user experience and promoting mainstream blockchain adoption [3]