Valkyrie is a specialized alternative asset management firm at the intersection of traditional finance & the emerging cryptocurrency sector.
Valkyrie Dash Trust comes alongside several other trust launches this year and precedes several additional investment instruments currently being developed by Valkyrie. It also comes just a week after the launch of DashDirect, a groundbreaking instant savings retail app that allows users to pay with Dash cryptocurrency and receive exclusive discounts on everyday purchases at more than 155,000 national chain retailers and family stores in the United States. DashDirect can be used in many familiar favorite ordinary establishments, as well as in online stores such as Best Buy, DoorDash, Instacart, CVS, Lowe's, Staples, The Home Depot, Autozone, GameStop, Chili's, Ulta, Chipotle, etc.
Valkyrie is a specialized alternative asset management firm at the intersection of traditional finance & the emerging cryptocurrency sector.
Valkyrie Digital Assets LLC, the company that created Valkyrie Bitcoin Trust, Valkyrie Algorand Trust and Valkyrie Polkadot Trust, announced today the launch of its fourth investment instrument, Valkyrie Dash Trust.
Dash Trust is the first investment vehicle in Valkyrie that invests exclusively in Dash (DASH), the digital asset on which the Dash network operates. The main investment objective of the trust is to reflect the intrinsic value of Dash in order to offer investors access to cryptocurrency both on an insured and cost-effective basis.
"Dash is a well-known and respected name in the field of payments in many regions of the world, which has loyal and devoted fans," said CEO of Valkyrie Investments Leah Wald. "One of our goals at Valkyrie is to enable those who are underserved by traditional financial companies to access financial services, and expanding investments in the Dash ecosystem is part of this mission."
Valkyrie Dash Trust comes alongside several other trust launches this year and precedes several additional investment instruments currently being developed by Valkyrie. It also comes just a week after the launch of DashDirect, a groundbreaking instant savings retail app that allows users to pay with Dash cryptocurrency and receive exclusive discounts on everyday purchases at more than 155,000 national chain retailers and family stores in the United States. DashDirect can be used in many familiar favorite ordinary establishments, as well as in online stores such as Best Buy, DoorDash, Instacart, CVS, Lowe's, Staples, The Home Depot, Autozone, GameStop, Chili's, Ulta, Chipotle, etc.
"The Dash community is thrilled that Valkyrie has launched Dash Trust because they are committed to learning and research about the assets they support," said Ryan Taylor, CEO of Dash Core Group. This new product allows investors to easily access Dash through brokerage accounts, including IRA, which we know many investors will appreciate."
Dash (DASH) is one of the largest, most widely used and used cryptocurrencies in the world, especially in developing countries, including the Middle East and Latin America, where high inflation and other monetary policy issues are leading people away from paper currencies towards digital assets, because they are easier to send and receive. Valkyrie aims to inform the public about the benefits of Dash and other cryptocurrencies as it launches investment tools for them.
About Valkyrie Investments Inc
Valkyrie Investments Inc. ("Valkyrie Investments") is a specialized alternative financial services firm at the intersection of traditional finance and the emerging cryptocurrency sector, whose branches seek to offer asset management, research and other services.
"Valkyrie Investments, headquartered in Nashville, strives to provide access to an emerging class of digital assets through traditional financial instruments. Valkyrie Investments is led by experienced asset managers who have previously launched several ETFs, publicly traded funds and ETPs, including digital asset funds with experience at Guggenheim Partners, UBS, Chicago Board of Trade, Chicago Mercantile Exchange and The World Bank," the company's description says.
About Dash
Dash (DASH) is digital money that, according to the developers, offers financial freedom to everyone.
"Dash allows millions of people around the world to instantly conduct secure transactions with the possibility of reuse and with virtually no commission. Dash is a leading decentralized payment solution designed to support real-world use cases.: it is accepted by sellers all over the world, available through 3300+ ATMs and 100+ exchanges worldwide. Dash is a pioneer of innovative features, including a two-tier network with motivated nodes and decentralized project management (master nodes), instant payments (InstantSend), instant immutable blockchain (ChainLocks) and much more. The development of Dash Network is supported by Dash Core Group, the largest organization funded by Dash Treasury, which supports and promotes the continuous development and integration of Dash worldwide," the description of the cryptocurrency says.
Valkyrie is a specialized alternative asset management firm at the intersection of traditional finance & the emerging cryptocurrency sector.