Truth.Fi is expected to launch in 2025, pending regulatory approvals and the finalisation of agreements. The company will partner with major financial firms, including Charles Schwab, which will act as a custodian for the investment funds.
Grayscale’s proposed Solana ETF is expected to become the largest investment fund focused on Solana, a popular cryptocurrency known for its high speed and low fees.
The exchange has been accused of lacking proper anti-money laundering (AML) and Know Your Customer (KYC) programs.