Grayscale Decentraland Trust
MANA
Other OTC- -
USD
- -
- -
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
FRC
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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
- Stamford DE United States of America
- IPO Date
- May 16, 2022
- CIK
- 0001852023
- Website
- grayscale.com
- Similar Companies
- Business
- Grayscale Decentraland Trust (MANA) is a grantor trust that provides investors with exposure to MANA, the native digital asset of Decentraland, a peer-to-peer virtual reality platform powered by the Ethereum blockchain. The Trust holds MANA tokens directly and aims to reflect the performance of MANA's market price less the Trust's fees and expenses, including a total expense ratio of 2.50%; shares trade on OTC Markets under the ticker MANA, enabling access through traditional brokerage accounts without the need for direct cryptocurrency custody. It launched as a private placement on February 26, 2021, with public quotation beginning May 16, 2022, and is headquartered in Stamford, Connecticut, as part of Grayscale Investments, LLC, a subsidiary of Digital Currency Group. The Trust's sole investment is in MANA tokens, which function as the currency for transactions, land purchases, and virtual goods within Decentraland; it offers no distributions and calculates net asset value daily using the CoinDesk MANA Reference Rate, a volume-weighted average from major digital asset trading platforms. Shares provide titled, auditable ownership eligible for tax-advantaged accounts like IRAs, targeting accredited individual and institutional investors seeking digital asset exposure in a security format. Grayscale Investments launched the Decentraland Trust in March 2021 alongside four other single-asset trusts as part of its expansion into emerging digital currencies, marking an early vehicle for MANA investment. No major acquisitions, funding rounds, partnerships, or product launches specific to the Trust have been reported in the last 1-2 years; it continues to operate under OTC Markets' Alternative Reporting Standards with assets under management of approximately $3.8 million as of December 2025. The Trust remains focused on the digital assets sector, serving U.S. and potentially global investors through secondary market trading.