Avalanche Ticks Up in Price As Crypto Giant Grayscale Launches New AVAX Trust

The crypto giant Grayscale has launched a new trust for the layer-1 Ethereum (ETH) competitor Avalanche (AVAX). Rayhaneh Sharif-Askary, Grayscale’s head of product and research, says Avalanche has played a “pivotal role” in advancing the adoption of real-world asset (RWA) tokenization. AVAX shot up in price by 5.65% on Thursday, outpacing the broader crypto market, […] source: https://dailyhodl.com/2024/08/23/avalanche-ticks-up-in-price-as-crypto-giant-grayscale-launches-new-avax-trust/