Valkyrie Investments announces launch of the Valkyrie Multi-Coin Trust (VMCT)
NASHVILLE, Tenn., April 21, 2022 /PRNewswire/ -- Valkyrie Digital Assets LLC ("Valkyrie"), the sponsor (the "Sponsor") of the several single protocol digital asset trusts, among other investment products, announced today the launch of its seventh such investment vehicle, the actively managed Valkyrie Multi-Coin Trust (VMCT) (the "Trust").
- The Trust currently invests in the following tokens and protocols: Avalanche (AVAX), Binance (BNB), Cosmos (ATOM), Gemini USD (GUSD), Helium (HNT), Terra (LUNA), Polygon (MATIC), and Zilliqa (ZIL).
- The Trust seeks to target an annual yield of four to six percent.
- This launch is the first of 2022 for Valkyrie, and is the latest in a family of trusts launched to bring more exposure to a wider universe of digital assets.
- Other trusts include the Valkyrie Bitcoin Trust , Valkyrie Algorand Trust , Valkyrie Polkadot Trust , Valkyrie Dash Trust , Valkyrie TRON Trust , and the Valkyrie Zilliqa Trust .