Grayscale Investments has launched a new investment fund aimed at sophisticated investors looking to diversify their portfolios through income generated from staking cryptocurrency tokens.

The Grayscale Dynamic Income Fund (GDIC) caters exclusively to clients who possess over $1.1 million in assets under management (AUM) or have a net worth exceeding $2.2 million.

This initiative allows investors to gain exposure to staking rewards, which are to be converted into US dollars on a weekly basis, with the distributions to the investors planned on a quarterly schedule.

The firm emphasises that it will undertake thorough analysis to carefully select which Proof of Stake (PoS) tokens will be included in the fund's portfolio.

This strategy is designed to offer a dynamic income source for those who meet the specified financial criteria, underscoring Grayscale's focus on providing sophisticated investment options in the cryptocurrency domain.