Grayscale Investments Commences Dissolution of Grayscale XRP Trust
New York, Jan. 13, 2021 (GLOBE NEWSWIRE) — Grayscale Investments, the world’s largest digital currency asset manager and sponsor (“Sponsor”) of Grayscale XRP Trust (XRP) (the “Trust”), announced that it has commenced dissolution of the Trust following the Securities and Exchange Commission’s December 22, 2020 decision to file a federal court action against certain third parties asserting that XRP is a “security” under federal securities law.
