Grayscale Decentralized Finance (Defi) Fund LLC operates as a closed-end investment fund or Investment trust. The company is headquartered in Stamford, Connecticut. The company went IPO on 2022-12-08. The firm provides investors with exposure to a selection of industry decentralized finance platforms through a market cap-weighted portfolio designed to track the CoinDesk DeFi Select Index. DeFi Fund holds some of the liquid digital assets that meet certain trading and custody requirements and are classified in the DeFi sector defined by CoinDesk Digital Asset Classification Standard (DACS). The Fund’s investment objective is for the value of the shares to reflect the value of the fund components as determined by reference to their respective digital asset reference rates and fund weightings, less the Fund’s expenses and other liabilities. The firm's manager is Grayscale Investments Sponsors, LLC.

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