Crypto asset manager Grayscale Investments launched two new investment trusts for diversified crypto exposure.

Grayscale Near Trust and Grayscale Stacks Trust opened on May 23, allowing individual and institutional accredited investors to access daily subscriptions. One trust is exclusively invested in NEAR, which supports the Near Protocol, while the other trust is exclusively invested in STX, which is part of the Bitcoin Layer 2 Stacks, according to a Thursday release. 

"With continued demand for diversified crypto asset exposure, Grayscale remains committed to launching new products that enable investors to access emerging and evolving parts of the crypto ecosystem," said Grayscale’s Head of Product & Research, Rayhaneh Sharif-Askary in a statement. "By creating distinctive …