According to PANews, Grayscale's new trusts offer specialized exposure to Sui's DEEP and WAL tokens, with DeepBook providing liquidity and Walrus focusing on data privacy amid recent price declines.
Grayscale announced the launch of two single-asset trusts, DeepBook and Walrus, designed to provide exposure to the Sui blockchain's native tokens, DEEP and WAL. PANews reported on August 12th that DeepBook offers a liquidity layer for decentralized finance applications, while Walrus emphasizes on-chain data storage and privacy for cross-chain applications. The DEEP token, ranked 226th with a market capitalization of $372 million, fell by approximately 5%, and the WAL token, ranked 168th with a market capitalization of $559 million, dropped by about 3% in the past 24 hours. The trust products are available exclusively to qualified investors through daily subscriptions and do not promise secondary market trading.