Grayscale Chainlink Trust (LINK) is a statutory trust. The Trustâs investment objective is for the value of the shares (based on LINK per share) to reflect the value of LINK held by the Trust, less the Trustâs expenses and other liabilities. The activities of the Trust includes issuing baskets in exchange for LINK transferred to the Trust as consideration in connection with the creations; transferring or selling LINK, incidental rights and IR virtual currency as necessary to cover the sponsorâs fee and/or any additional trust expenses; transferring LINK in exchange for baskets surrendered for redemption; causing the sponsor to sell LINK, incidental rights and IR virtual currency on the termination of the Trust; making distributions of incidental rights and/or IR virtual currency or cash from the sale thereof, and engaging in all administrative and security procedures. The Trust's sponsor is Grayscale Investments, LLC.
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