Grayscale, a prominent asset manager and ETF issuer, has announced the launch of a new single-asset crypto investment fund, the Grayscale MakerDAO Trust, available through private placement. This closed-end fund is designed to provide accredited investors with exposure to MakerDAO's governance token, MKR. The introduction of this trust marks Grayscale's continued expansion into decentralized finance (DeFi) assets, offering enhanced access to the DeFi ecosystem. The launch has reportedly led to a surge in the MKR token's value, reflecting increased investor interest. Grayscale's decision aligns with its strategy to broaden its portfolio of digital asset funds, catering to the growing demand for cryptocurrency investments.