Valkyrie Digital Assets LLC launches Valkyrie Zilliqa Trust, sixth investment vehicle

The main investment goal of this trust is to reflect the value of Zilliqa (ZIL/USD) held in it and to offer reliable, cost-effective access and exposure to the cryptocurrency to investors.

Valkyrie Digital Assets LLC, which sponsors the Valkyrie Bitcoin (BTC/USD) Trust, Valkyrie Polkadot (MATIC/USD) Trust, Valkyrie Algorand (ALGO/USD) Trust, Valkyrie Dash (DASH/USD) Trust, and the Valkyrie TRON (TRX/USD) Trust, announced the launch of the Valkyrie Zilliqa Trust, its sixth investment vehicle and the first at Valkyrie to invest solely in Zilliqa, the native token behind the whole blockchain network.

Valkyrie Investments CEO Leah Wald said:

Bringing more exposure to an ever-expanding selection of digital assets

The Zilliqa trust was launched just days after the Valkyrie TRON Trust. It is the latest in a series of interconnected trusts founded to increase exposure to digital assets. This trust is the first to be built on sharded architecture, making it possible to process very high transactions volumes at any given time. Many community members will see it as an alternative to the high fees and congestion typical of many other blockchains.

Amrit Kumar, president and co-founder at Zilliqa, added: