Five Additional Grayscale Products Now Trading on OTC Markets

Trading has commenced for Grayscale Basic Attention Token Trust, Grayscale Chainlink Trust, Grayscale Decentraland Trust, Grayscale Filecoin Trust, and Grayscale Livepeer Trust

NEW YORK, May 16, 2022 (GLOBE NEWSWIRE) -- Grayscale Investments, the world’s largest digital currency asset manager, today announced that Grayscale Basic Attention Token Trust (symbol: GBAT), Grayscale Chainlink Trust (symbol: GLNK), Grayscale Decentraland Trust (symbol: MANA), Grayscale Filecoin Trust (symbol: FILG) and Grayscale Livepeer Trust (symbol: GLIV) have begun trading on OTC Markets. Grayscale now offers 14 digital currency investment products trading on OTC Markets.

The Trusts are investment vehicles that intend to allow investors to gain exposure to the price movement of each of the Trusts’ underlying asset, or specific digital currency, so investors can avoid the challenges of buying, storing, and safekeeping the assets directly.

“Today’s announcement reaffirms Grayscale’s commitment to moving all of our digital currency investment products through our intended four-phase product lifecycle, with the intention of ultimately converting each into an ETF*,” said Craig Salm, Grayscale’s Chief Legal Officer. “We believe that investors deserve access to the digital currency ecosystem through secure products, and are excited to now offer them exposure to Basic Attention Token (BAT), Chainlink (LINK), Decentraland (MANA), Filecoin (FIL), and Livepeer (LPT) through publicly-quoted securities.”

SECONDARY MARKETS for the PRIVATE PLACEMENTS

Grayscale Basic Attention Token Trust (GBAT), Grayscale Chainlink Trust (GLNK), Grayscale Decentraland Trust (MANA), Grayscale Filecoin Trust (FILG) and Grayscale Livepeer Trust (GLIV) have each offered a private placement to accredited investors since March 2021.

As of May 13, 2022, there were 620,300 Shares outstanding of Grayscale Basic Attention Token Trust and each share represented ownership of 9.70245144 BAT. As of May 13, 2022, there were 321,010 Shares outstanding of Grayscale Chainlink Trust and each share represented ownership of 0.97024514 LINK. As of May 13, 2022, there were 1,897,900 Shares outstanding of Grayscale Decentraland Trust and each share represented ownership of 9.70245144 MANA. As of May 13, 2022, there were 111,400 Shares outstanding of Grayscale Filecoin Trust and each share represented ownership of 0.97138366 FIL. As of May 13, 2022, there were 614,800 Shares outstanding of Grayscale Livepeer Trust and each share represented ownership of 0.97104296 LPT. Shares created through the Trusts’ respective private placements become eligible to sell into the public market after a statutory one-year holding period under Rule 144 of the Securities Act.**