SCOOP: Investors have added nearly $73.6 million to two crypto-focused trusts from ValkyrieFunds, with $TRX leading the charge. BrandyBetz reports
“Tron has gained significant traction because the Tron network continues to see continued transaction growth, including for stablecoins, and investors familiar with the Asia-Pacific region have started taking notice,” a Valkyrie spokesperson told CoinDesk in an email. “Avalanche is also seeing increased adoption at a substantial rate, including earlier this week when KKR announced a deal with Securitize to tokenize a piece of a private equity fund on the Avalanche blockchain.
Nashville, Tenn.-based Valkyrie offers eight protocol-focused trusts, a decentralized finance hedge fund, three Nasdaq-listed exchange-traded funds and a protocol treasury management business. In May, the