Grayscale Launches Pyth Trust for $PYTH Token in Solana Ecosystem

Grayscale Investments has launched the Grayscale Pyth Trust, a new single-asset crypto investment fund that provides accredited investors with exposure to the $PYTH token. The $PYTH token is the governance token of the Pyth network, which is integral to the Solana ecosystem, providing price feeds for decentralized applications. The trust follows the model of Grayscale's other single-asset investment trusts, such as the Grayscale Bitcoin Trust and Ethereum Trust, and is available only to accredited investors.

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