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Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing -Breaking

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Grayscale DeFi Fund Rebalancing: Sushi and Synthetix take the inroads

Digital asset management firm Grayscale, has added three new cryptocurrency assets across three main investment funds, while removing two other assets from its Decentralized Finance Fund as part of this year’s first quarterly rebalance.

Grayscale rescinded tokens of crypto-derivatives exchange Synthetix, (SNX), as well decentralized Exchange SushiSwap(SUSHI) from its DeFi funds after these crypto assets fell below the minimum market capitalization. Other cryptocurrencies did not get removed in the process of rebalancing.