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Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing

2022.04.07 07:11

Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing
Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing

Digital asset management firm Grayscale, has added three new cryptocurrency assets across three main investment funds, while removing two other assets from its Decentralized Finance Fund as part of this year’s first quarterly rebalance.

Grayscale removed tokens from crypto-derivatives decentralized exchange Synthetix (SNX), and decentralized exchange SushiSwap (SUSHI), from its DeFi fund after the two crypto assets failed to meet the required minimum market capitalization. No other cryptocurrencies were removed during the rebalancing.

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