Grayscale DeepBook Trust
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Grayscale® Launches Grayscale® DeepBook Trust and Grayscale® Walrus Trust
Globenewswire· 2025-08-12 13:00
Core Insights - Grayscale has launched two new investment trusts, Grayscale DeepBook Trust and Grayscale Walrus Trust, providing exposure to the DEEP and WAL tokens within the Sui blockchain ecosystem [1][6]. Company Overview - Grayscale is the world's largest digital asset-focused investment platform, founded in 2013, with a decade-long track record in the digital economy [12]. Product Details - The DeepBook Trust and Walrus Trust are designed to offer investors direct exposure to the DeepBook and Walrus protocols, which are integral to the Sui ecosystem [3][6]. - DeepBook functions as a central limit order book on the Sui blockchain, providing a foundational liquidity layer for decentralized finance (DeFi) applications, enhancing price execution and minimizing latency [3][5]. - Walrus serves as a global data layer for on-chain builders, addressing challenges in decentralized systems by enabling secure, programmable, and scalable data management [4][5]. Ecosystem Impact - Both protocols are positioned to support the financial and data infrastructure necessary for the real-world adoption of the Sui ecosystem, with growth expected as user and developer activity increases [5][6]. - The Sui blockchain, developed by Mysten Labs, is a high-performance Layer 1 blockchain that emphasizes speed, low fees, and seamless user experiences, utilizing parallel transaction processing and the Move programming language [2].