Grayscale Investments, a digital asset manager, has raised its Cardano ($ADA) allocation in its smart contract fund offering investors exposure to blockchain networks(that excludes Ethereum).
Dan Gambardello, the founder of CryptoCapitalVenture, first pointed out that Grayscale has increased its allocation to Cardano’s ADA on the Grayscale Smart Contract Platform ex Ethereum Fund (GSCPxE) to 32.33% per share, while the each share holds 4.34 ADA.
Source: https://www.thecoinrepublic.com/2022/06/08/grayscale-raising-cardano-ada-allocation-in-smart-contract-fund-led-to-this/