Grayscale Investments is a crypto investment firm based in New York City founded in 2013 by the Digital Currency Group. The firm provides investment exposure to the developing digital currency asset class. As of January 31, 2019, Grayscale had assets under management of $754 million.
In January 2019, Grayscale launched "Stellar Lumens Trust," the ninth such investment trust that Grayscale offers. The XLM trust joins those for Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Horizen, Litecoin, XRP and Zcash.
According to company's research published on December 3, 2018, the total Bitcoin holdings for Grayscale as on December was 203,000 Bitcoins and when compared to the 17.4 million BTCs in circulation it controls over 1.16% of the total Bitcoins.