Nasdaq has asked the Securities and Exchange Commission to list Grayscale Polkadot Trust shares, allowing investors to track polkadot prices more easily.
Nasdaq Stock Market filed a proposal with the Securities and Exchange Commission to list and trade shares of the Grayscale Polkadot Trust under the Nasdaq rule for commodity-based trust shares, according to a recent filing. The trust, sponsored by two subsidiaries of Digital Currency Group, aims to provide exposure to polkadot, the native token of the Polkadot network.
The filing, detailed in a Securities and Exchange Commission notice set for Federal Register publication, names Coinbase Custody Trust Company as custodian and BNY Mellon Asset Servicing as administrator. The shares will trade under the ticker DOT.
The Polkadot fund
The fund launched in January 2021 and holds…
