Share this article
Grayscale Files to Register Trust for DeFi Platform Yearn Finance
Grayscale Investments, the world’s largest digital asset manager, has filed to register a new cryptocurrency trust for Yearn Finance (YFI).
Updated Sep 14, 2021, 12:10 p.m. Published Feb 12, 2021, 10:49 a.m.
Grayscale Investments, the world’s largest digital asset manager, has filed to register a new cryptocurrency trust for decentralized finance platform Yearn Finance (YFI).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Filed on Feb. 10, the Delaware corporate registry shows Grayscale is considering YFI as a future offering. A filing does not mean a trust will be forthcoming, just that one is being considered.
- As with other trusts filed previously, the registration was made by Delaware Trust Company, which is Grayscale's statutory trustee for the U.S. state.
- YFI acts as an entry point for users to access a host of DeFi products running on the Ethereum blockchain.
- On Jan. 27, Grayscale filed to register five new trusts for cryptocurrency assets, connected to the DeFi space, this included aave, cardano.
- New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.
Read more: Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Robinhood Stock Slides 8% After Big Decline in November Trading Volumes
Slumps across equity, options and crypto trading in November raised concerns that retail investor momentum may be fading.
What to know:
- Robinhood reported a sharp drop in trading volumes across equities, options and crypto in November.
- The company's total platform assets also fell 5% month-over-month to $325 billion.
- The slowdown in trading activity raised investor concerns that retail engagement may be fading heading into year-end.
Top Stories
