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Grayscale Completes Delaware Registration for New Cardano Trust Fund
In a significant move for cryptocurrency investment products, Grayscale has officially completed its corporate registration for the Cardano Trust ETF in Delaware on August 12, 2025. According to Delaware’s official business records, the filing received registration number 10293424 and has been structured as a Statutory Trust entity.
The trust’s registered agent is CSC Delaware Trust Company, with its official headquarters established at 251 Little Falls Drive, Wilmington, Delaware 19808. This registration marks an important regulatory milestone for the investment firm’s expansion into Cardano-focused financial products.
The Delaware registration process represents a standard step for major cryptocurrency investment vehicles seeking to operate within the U.S. regulatory framework. By establishing the Cardano Trust ETF as a statutory trust entity in Delaware—a jurisdiction known for favorable business law—Grayscale is positioning the product for broader institutional and retail investor access.
This development comes as growing interest in Cardano-based investment products continues among portfolio managers looking to diversify their digital asset exposure beyond Bitcoin and Ethereum holdings. The trust structure provides investors with a regulated vehicle to gain exposure to Cardano without directly managing private keys or custody concerns.