Grayscale Bitcoin Trust terminates material agreements with Genesis By Cointelegraph
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Grayscale Bitcoin Trust terminates material agreements with Genesis According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Grayscale Trust has terminated two agreements with cryptocurrency broker Genesis.
First, Genesis will no longer assist Grayscale in the distribution and marketing of the latter’s shares. Second, from Oct. 3 onwards, Genesis will no longer be an authorized participant of the trust but will continue to serve as a liquidity provider for Grayscale. The two agreements previously came into effect in 2019.
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Grayscale Bitcoin Trust terminates material agreements with Genesis According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Grayscale Trust has terminated two agreements with cryptocurrency broker Genesis.
First, Genesis will no longer assist Grayscale in the distribution and marketing of the latter’s shares. Second, from Oct. 3 onwards, Genesis will no longer be an authorized participant of the trust but will continue to serve as a liquidity provider for Grayscale. The two agreements previously came into effect in 2019.
Continue Reading on Coin Telegraph
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