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Grayscale Stellar Lumens Trust Appoints New Board Director

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Grayscale Stellar Lumens Trust ( (GXLM) ) just unveiled an update.

On October 13, 2025, Grayscale Investments Sponsors, LLC announced changes in its board of directors. Matthew Kummell stepped down, and Simon Koster, Chief Strategy Officer at Digital Currency Group, Inc., was appointed as a new director. This appointment highlights Grayscale’s strategic alignment with Digital Currency Group’s expertise in blockchain and digital assets, potentially strengthening its market position and stakeholder relationships.

More about Grayscale Stellar Lumens Trust

Average Trading Volume: 19,567

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