Grayscale announced the creation of two new private crypto funds for TAO and SUI coins

Grayscale has been launching cryptocurrency private funds since 2013 with access to invest only with accredited investors or available for trading only on secondary markets.

The largest trusts included the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust (ETHE).  Both of these funds have converted to publicly traded exchange-traded products (ETFs).