Grayscale Livepeer Trust (LPT)
GLIV
Other OTC- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Michael Adam Sonnenshein
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 250 Park Avenue South Stamford DE United States of America 10003
- IPO Date
- May 16, 2022
- CIK
- 0001852024
- Website
- grayscale.com
- Similar Companies
- Business
- Grayscale Livepeer Trust (GLIV) is a single-asset investment trust sponsored by Grayscale Investments, LLC that provides investors with exposure to Livepeer (LPT), the native token of the Livepeer network, a decentralized video streaming and transcoding protocol built on the Ethereum blockchain. The trust offers shares representing fractional ownership of LPT held by the trust; managed custody services for LPT; and a publicly traded vehicle (OTC ticker: GLIV) designed for accredited investors seeking cryptocurrency exposure without direct digital asset management complexities. It operates exclusively in the United States, headquartered in New York alongside its sponsor Grayscale Investments, which was founded in 2013. The trust's core services focus on secure LPT storage, valuation, and share creation/redemption processes, with LPT utilized within the Livepeer ecosystem for video infrastructure including transcoding, orchestration, and bandwidth provisioning to enable cost-efficient live and on-demand video streaming for developers and broadcasters. Livepeer network participants leverage LPT for staking to secure the protocol, earning rewards through delegated transcoding services; the trust does not engage in staking or active network participation itself. Target customers include institutional and accredited investors in the digital asset and blockchain sectors. In 2024, Grayscale launched the Livepeer Trust as part of its expanding suite of single-asset crypto investment products, following regulatory approvals for similar trusts amid growing institutional interest in decentralized media infrastructure. No major acquisitions, funding rounds, or strategic partnerships specific to GLIV have been announced in the past two years; however, the broader Grayscale platform underwent a significant reorganization in 2023-2024, converting its flagship Digital Large Cap Fund into a spot ETF (GDLC) and facing successful legal challenges from the SEC on other ETF proposals. Operational updates include enhanced share liquidity through OTC Markets trading and ongoing compliance with U.S. securities regulations.