{"id":36315,"date":"2021-02-12T09:57:09","date_gmt":"2021-02-12T07:57:09","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36315"},"modified":"2025-08-29T05:43:39","modified_gmt":"2025-08-29T02:43:39","slug":"grayscale-registers-yearn-finance-trust-as-yfi-climbs-to-46000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/grayscale-registers-yearn-finance-trust-as-yfi-climbs-to-46000\/","title":{"rendered":"Grayscale registers yEarn.Finance trust as YFI climbs to $46,000"},"content":{"rendered":"<p>The largest asset manager in cryptocurrency Grayscale Investments could potentially launch a trust based on the DeFi project token yEarn.Finance. The investment product has been registered by a trusted representative of the firm \u2014 Delaware Trust Company (DTC).<!--more--><\/p>\n<div id=\"attachment_124699\" style=\"width: 520px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-124699\" class=\"wp-image-124699 size-full\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Division-of-Corporations-Filing-Google-Chrome.jpg\" alt=\"Grayscale launches a trust for yEarn.Finance. The coin rose to $46,000\" width=\"510\" height=\"384\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Division-of-Corporations-Filing-Google-Chrome.jpg 510w, https:\/\/forklog.com\/wp-content\/uploads\/Division-of-Corporations-Filing-Google-Chrome-300x226.jpg 300w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/p>\n<p id=\"caption-attachment-124699\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/icis.corp.delaware.gov\/eCorp\/EntitySearch\/NameSearch.aspx\" target=\"_blank\" rel=\"noopener\">icis.corp.delaware.gov<\/a>.<\/p>\n<\/div>\n<p>According to information on the Delaware state website, Grayscale Yearn Finance Trust (YFI) was registered on February 10, 2021.<\/p>\n<p>Over the last two days, the YFI token rose from about $34,000 to above $46,000 \u2014 more than 35% (Kraken exchange).<\/p>\n<div id=\"attachment_124700\" style=\"width: 1570px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-124700\" class=\"wp-image-124700 size-full\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Bez-nazvaniya-4-9.png\" alt=\"Grayscale launches a trust for yEarn.Finance. The coin rose to $46,000\" width=\"1560\" height=\"503\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Bez-nazvaniya-4-9.png 1560w, https:\/\/forklog.com\/wp-content\/uploads\/Bez-nazvaniya-4-9-300x97.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Bez-nazvaniya-4-9-1024x330.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Bez-nazvaniya-4-9-768x248.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Bez-nazvaniya-4-9-1536x495.png 1536w\" sizes=\"auto, (max-width: 1560px) 100vw, 1560px\" \/><\/p>\n<p id=\"caption-attachment-124700\" class=\"wp-caption-text\">Source: TradingView.<\/p>\n<\/div>\n<p>At the end of January, DTC <a href=\"https:\/\/forklog.com\/en\/news\/grayscale-applies-to-register-six-new-investment-trusts\">registered<\/a> six trusts for Grayscale: based on Aave, Polkadot, Cosmos, Monero, EOS and Cardano.<\/p>\n<p>In December 2020 the company <a href=\"https:\/\/forklog.com\/en\/news\/grayscale-poised-to-launch-chainlink-and-tezos-based-investment-trusts\">filed applications<\/a> to register funds for Chainlink, Tezos, Basic Attention Token, Decentraland and Livepeer.<\/p>\n<p>As of writing, of Grayscale&#8217;s 33 registered trusts, nine are active.<\/p>\n<p>As reported, the value of assets under management by the investment company <a href=\"https:\/\/forklog.com\/en\/news\/grayscale-investments-assets-under-management-exceed-30-billion\">has surpassed $30 billion<\/a>. About 80% of them are in the Bitcoin Trust.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 all the latest news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale Investments, the largest asset manager in crypto, could potentially launch a trust based on the DeFi project token yEarn.Finance. The investment product has been registered by a trusted representative of the firm \u2014 Delaware Trust Company (DTC).<\/p>\n","protected":false},"author":1,"featured_media":36316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[943,1156,1869],"class_list":["post-36315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-grayscale-investments","tag-institutional-investors-and-whales","tag-yearn-finance"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=36315"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36315\/revisions"}],"predecessor-version":[{"id":36317,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36315\/revisions\/36317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/36316"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=36315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=36315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=36315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}