Key Takeaways Grayscale says 3,000+ onchain vaults hold $7B, positioning them as crypto’s next TradFi product. Ethereum, Base, and Solana vaults could pressure the $1.5T CLO market with cheaper, transparent rails. Grayscale says adoption hinges on US rules as 57 curators manage 79% in stablecoin strategies. Grayscale Tracks $7B in Vaults as Wall Street Eyes Onchain Credit Stablecoins and tokenized assets have already begun reshaping traditional finance. Grayscale now expects onchain vaults to be the next crypto innovation to go mainstream. Vaults pool investor funds and deploy them across yield-producing strategies. Their investment rules vary. However, many operate within set …


