Grayscale Livepeer Trust (LPT) Stock

Grayscale Livepeer Trust (LPT) is a digital currency investment trust. The Trust’s investment objective is for the value of the shares (based on LPT per share) to reflect the value of LPT held by the Trust, less the Trust’s expenses and other liabilities. The activities of the Trust includes issuing baskets in exchange for LPT transferred to the Trust as consideration in connection with the creations; transferring or selling LPT, incidental rights and IR virtual currency as necessary to cover the sponsor’s fee and/or any additional trust expenses; transferring LPT in exchange for Baskets surrendered for redemption; causing the sponsor to sell LPT, incidental rights and IR virtual currency on the termination of the trust; making distributions of incidental rights and/or IR virtual currency or cash from the sale thereof, and others. Its sponsor is Grayscale Investments, LLC.