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Grayscale Dogecoin Trust adds Anchorage Digital as custodian and enables in-kind creations
GDOGGrayscale Dogecoin Trust ETF
The Grayscale Dogecoin Trust ETF amended its Participant Agreements with Macquarie Capital (USA) Inc. and Virtu Americas LLC to allow Authorized Participants to conduct share creations and redemptions in-kind, adding an alternative to the existing cash-based process. The Trust also entered into a Sixth Amendment to its Master Custody Service Agreement with Anchorage Digital Bank N.A., designating it as an additional custodian for a portion of the Trust's Dogecoin holdings while Coinbase remains the primary custodian. These operational changes aim to enhance liquidity and risk management for the digital asset trust.