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Grayscale Decentraland Trust (MANA) Fund Overview

Educational signal · not a buy or sell recommendation · How to read this

$0.929 +$0.029 (+3.22%)
Vol: 15.4K|
Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

Grayscale Decentraland Trust (MANA) trades at $0.929. Grayscale Decentraland Trust Mana provides investors with exposure to MANA, the native token of the Decentraland virtual world, in the form of a security. Sector: Financials.

Price as of · Last analyzed: Mar 18, 2026
Grayscale Decentraland Trust Mana provides investors with exposure to MANA, the native token of the Decentraland virtual world, in the form of a security. The trust is designed for investors seeking exposure to the digital asset MANA without directly holding the cryptocurrency.

Analyst Coverage for MANA: MANA does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.

▶ Watch the MANA film Every key number, told as a short cinematic story — just press play. ~2 min

Grayscale Decentraland Trust (MANA) Financial Services Profile

CEOMichael Adam Sonnenshein
HeadquartersStamford, US
IPO Year2022

Grayscale Decentraland Trust Mana offers investors exposure to the MANA cryptocurrency through a traditional security, providing a regulated avenue for investment in the Decentraland virtual world. The trust simplifies access to MANA, appealing to investors seeking indirect exposure to digital assets within the financial services sector.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 18, 2026

What Is the Investment Thesis for MANA?

AI-written as of Mar 18, 2026 — figures and tone reflect the data available then, not today's score.

Grayscale Decentraland Trust offers a simplified avenue for investors seeking exposure to MANA, the cryptocurrency powering the Decentraland virtual world. The trust's value is directly tied to the price of MANA, making it a play on the growth and adoption of Decentraland. However, the trust's high beta of 7.27 indicates significant volatility compared to the broader market. The absence of a dividend further limits its appeal to income-seeking investors. Potential investors should carefully consider the risks associated with cryptocurrency investments and the trust's structure, including management fees and potential discrepancies between the trust's share price and the underlying value of its MANA holdings. Upcoming developments in the Decentraland ecosystem could serve as catalysts for MANA's price, but regulatory uncertainties and market sentiment remain key risk factors.

Based on FMP financials and quantitative analysis

MANA Key Highlights

AI-written as of Mar 18, 2026 — figures and tone reflect the data available then, not today's score.

Grayscale Decentraland Trust provides exposure to MANA, the native token of the Decentraland virtual world.

  • The trust's market capitalization is $0.00B, indicating a relatively small size.
  • The trust has a high beta of 7.27, suggesting significant volatility compared to the overall market.
  • The trust does not offer a dividend, making it less attractive to income-focused investors.
  • The trust operates by holding MANA tokens and issuing shares that reflect the value of those holdings.

Who Are MANA's Competitors?

MANA is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
FILG Grayscale Filecoin Trust (FIL) $3.41 -1.16% $10.6M —
BLK BlackRock, Inc. $1059.63 -0.44% $164B 49 5-pillar
BX Blackstone Inc. $111.74 -0.45% $135B 67 5-pillar
APOS Apollo Global Management, Inc. $25.59 -0.23% $74.8B 55 5-pillar
BAM Brookfield Asset Management $44.85 +0.65% $71.6B 58 5-pillar
AMP Ameriprise Financial, Inc. $490.91 -0.79% $44.1B 76 5-pillar
ARES Ares Management Corporation $117.55 +0.84% $38.6B 56 5-pillar
TROW T. Rowe Price Group, Inc. $104.62 -1.14% $22.4B 84 5-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are MANA's Key Strengths?

Provides simplified access to MANA for traditional investors.

  • Offers a regulated investment vehicle for digital assets.
  • Benefits from the Grayscale brand recognition.
  • Direct exposure to the Decentraland ecosystem.

What Are MANA's Weaknesses?

High beta indicates significant price volatility.

  • Management fees can erode returns.
  • Value is entirely dependent on the price of MANA.
  • Potential discrepancies between share price and NAV.

What Are the Key Risks for MANA?

Regulatory uncertainty surrounding cryptocurrencies could negatively impact the trust.

  • Price volatility of MANA could lead to significant losses for investors.
  • Competition from other digital asset investment vehicles could erode market share.
  • Security risks associated with cryptocurrency custody could result in loss of assets.
  • Limited liquidity on the OTC market could make it difficult to buy or sell shares.

What Are MANA's Competitive Advantages?

  • First-mover advantage in offering a regulated MANA investment vehicle.
  • Brand recognition and trust associated with the Grayscale brand.
  • Simplified access to MANA for traditional investors.
  • Secure custody and management of MANA tokens.

What Does MANA Do?

Grayscale Decentraland Trust Mana, based in Stamford, CT, provides a vehicle for investors to gain exposure to MANA, the native token of the Decentraland virtual world, without the complexities of directly purchasing, storing, and managing the cryptocurrency. Established to bridge the gap between traditional finance and the burgeoning digital asset market, the trust offers shares that represent ownership of MANA held by the trust. This structure allows investors to participate in the potential appreciation of MANA through a familiar investment product. The trust operates by holding a pool of MANA tokens and issuing shares that reflect the value of those holdings, less fees and expenses. Grayscale Decentraland Trust aims to provide a secure and accessible way for investors to diversify their portfolios with digital assets, specifically targeting those interested in the metaverse and virtual real estate. The company's core offering revolves around simplifying access to MANA, making it available to a broader range of investors who may be hesitant to navigate the technical aspects of cryptocurrency ownership. By offering a security that tracks the price of MANA, Grayscale Decentraland Trust seeks to capture the growing interest in virtual worlds and blockchain-based assets.

What Products and Services Does MANA Offer?

  • Provide investors with exposure to MANA, the native token of Decentraland.
  • Offer a security that tracks the price of MANA.
  • Simplify access to MANA without requiring direct cryptocurrency ownership.
  • Hold a pool of MANA tokens and issue shares representing ownership.
  • Operate as a regulated investment vehicle for digital assets.
  • Bridge the gap between traditional finance and the cryptocurrency market.

How Does MANA Make Money?

  • The trust generates revenue through management fees charged to investors.
  • The fees are deducted from the value of the MANA held by the trust.
  • The trust's value is directly tied to the price of MANA.
  • The trust aims to provide a secure and accessible way for investors to diversify their portfolios with digital assets.

What Industry Does MANA Operate In?

Grayscale Decentraland Trust operates within the rapidly evolving digital asset management industry. This sector is characterized by increasing institutional interest in cryptocurrencies and blockchain-based assets. The competitive landscape includes other digital asset trusts and investment vehicles, each offering exposure to different cryptocurrencies. The growth of the metaverse and virtual real estate markets is driving demand for assets like MANA, creating opportunities for specialized investment products like Grayscale Decentraland Trust. However, the industry faces regulatory uncertainty and price volatility, which can impact investor sentiment and asset values.

Who Are MANA's Key Customers?

  • Individual investors seeking exposure to MANA.
  • Institutional investors looking for regulated digital asset investment vehicles.
  • Investors interested in the metaverse and virtual real estate.
  • Investors who want to avoid the complexities of direct cryptocurrency ownership.
Model self-rating on this text: 83% (not a measure of the evidence) Updated: Mar 18, 2026

Research confidence

Low

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • ● Scoring coverage unknown
  • ● Price is current
  • ● No filing on record
  • ● No analyst coverage
  • ● This is a fund, not an operating company

MoonshotScore History

Recorded daily since 2026-08-23 · 41 snapshots

2026-08-23 44
2026-08-31 44
2026-09-08 44
2026-09-16 44
2026-09-24 44
2026-10-04 44

What changed?

The score has stayed at 44.

Over the same 30 days the stock moved +33.7%.

MANA Financials

Bull Case vs Bear Case

Bull Case

  • Provides simplified access to MANA for traditional investors.
  • Offers a regulated investment vehicle for digital assets.
  • Benefits from the Grayscale brand recognition.
  • Direct exposure to the Decentraland ecosystem.

Bear Case

  • High beta indicates significant price volatility.
  • Management fees can erode returns.
  • Value is entirely dependent on the price of MANA.
  • Potential discrepancies between share price and NAV.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

MANA Latest News

MANA Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for MANA.

Price Targets

Wall Street price target analysis for MANA.

MANA MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for MANA; grades run from A+ (80-100) to F (below 30).

Leadership: Michael Adam Sonnenshein

CEO

Michael Adam Sonnenshein serves as the CEO of Grayscale Investments, a leading digital currency asset manager. He has been with Grayscale since 2014, playing a pivotal role in the firm's growth and development. Sonnenshein has extensive experience in the financial services industry, with a background in investment management and capital markets. He is a frequent commentator on digital assets and has been featured in major financial publications. Sonnenshein holds a Bachelor of Science degree from Emory University's Goizueta Business School.

Track Record: Under Sonnenshein's leadership, Grayscale Investments has significantly expanded its product offerings and assets under management. He has overseen the launch of numerous digital asset trusts, including the Grayscale Decentraland Trust. Sonnenshein has also been instrumental in driving institutional adoption of cryptocurrencies through Grayscale's investment products. His strategic vision has positioned Grayscale as a leader in the digital asset management space.

MANA OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Grayscale Decentraland Trust may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be subject to the same regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the potential for limited information and greater price volatility. This tier is often populated by shell companies, bankrupt entities, or companies with questionable operations.

  • OTC Tier: OTC Other
Liquidity: Liquidity on the OTC market, particularly for OTC Other tier stocks, can be limited. This can result in wider bid-ask spreads and make it difficult to buy or sell shares quickly without significantly impacting the price. Investors may experience challenges in executing large trades due to the lack of market depth. The trading volume for Grayscale Decentraland Trust on the OTC market may be low, further exacerbating liquidity concerns.
OTC Risk Factors:
  • Limited financial disclosure increases information asymmetry.
  • Higher potential for fraud and manipulation due to less regulatory oversight.
  • Lower liquidity can lead to difficulty in buying or selling shares.
  • Greater price volatility compared to exchange-listed stocks.
  • Potential for delisting or trading suspension.
Due Diligence Checklist:
  • Verify the company's financial statements and disclosures.
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Evaluate the company's legal and regulatory compliance.
  • Monitor the company's trading volume and price volatility.
  • Consult with a financial advisor before investing.
  • Confirm the legitimacy of the company's operations and assets.
Legitimacy Signals:
  • Established brand name (Grayscale Investments).
  • Provides a regulated investment vehicle for digital assets.
  • Offers simplified access to MANA for traditional investors.
  • Clear business model focused on digital asset management.
  • CEO with a background in financial services.

Grayscale Decentraland Trust Financials Stock: Key Questions Answered

How does Grayscale Decentraland Trust make money in financial services?

Grayscale Decentraland Trust generates revenue primarily through management fees charged to investors. These fees are calculated as a percentage of the trust's assets under management (AUM) and are deducted from the value of the MANA held by the trust.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • OTC market data may be less reliable than exchange-listed data.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis