Filecoin Surges Among Lower Peers in Digital Currencies
Posted on 04/01/2021
Grayscale Filecoin Trust’s bought 45,500 FIL tokens since the launch on March 17, 2021, of which 29,550 were on April 2, 2021, data provided by bybt.com shows. Filecoin is a cryptocurrency that powers the Filecoin network, a decentralized peer-to-peer file storage network that aims to let anyone store, retrieve, and host digital information. FIL tokens are used as payment for these services and as an economic incentive to ensure files are stored reliably over time.
At 12:30 PM PST, April 1, 2021, FIL’s price was $199.80, giving it a market cap of US$ 12.6 billion.
Grayscale Investments, LLC is owned by the Digital Currency Group. Digital Currency Group was launched in 2015 by Barry Silbert, who previously was CEO of SecondMarket, Inc. Grayscale Filecoin Trust’s assets are stored in offline or “cold” storage with Coinbase Custody Trust Company, LLC, as custodian. Grayscale Filecoin Trust charges
Filecoin Surges 162% to Displace Litecoin as 9th Largest Cryptocurrency coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.
Grayscale Adds Five New Digital Asset Offerings
Grayscale has announced five new digital asset offerings, available only to accredited investors, outlined as follows:
Grayscale Basic Attention Token Trust (BAT): BAT serves as the native digital currency for Brave
Grayscale Chainlink Trust (LINK): Chainlink is a decentralized network aimed to link real-world data and public blockchains by connecting smart contracts to off-chain data for markets, events, and payments. LINK is used as a payment token within the Chainlink ecosystem.
Grayscale Decentraland Trust (MANA): MANA is the token that serves as the native digital currency in Decentraland, a peer-to-peer virtual reality platform.