- Grayscale is exploring 13 cryptocurrencies to probably provide to shoppers.
- The record contains Solana, Polygon, and a variety of DeFi tokens.
- The agency clarified that not all belongings underneath its consideration might be provided as an funding merchandise.
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Grayscale is exploring 13 new cryptocurrencies as tentative funding choices, together with Polygon and Solana’s native tokens.
Grayscale Contemplating 13 New Belongings
Grayscale is weighing up including a brand new record of belongings to its vary of merchandise.
The funding big revealed a blog post itemizing 13 new “belongings into consideration” Thursday. The class represents belongings Grayscale could help sooner or later. Included within the record have been quite a lot of scalable networks that both compete or provide interoperability with Ethereum, reminiscent of Solana, Polygon, Web Pc, and NEAR.
The record additionally contains a wide range of DeFi tokens together with 1inch, Bancor, Curve, Kava, Kyber, Loopring, Ren, and 0x.
Grayscale beforehand announced that it was exploring 23 potential choices in February; the record included initiatives like Aave, MakerDAO, and Polkadot.
Grayscale is the most important digital asset supervisor worldwide, with over $34 billion in belongings underneath administration as of final week. The agency operates trust funds and sells shares that give accredited buyers publicity to numerous standalone cryptocurrencies.
In its newest announcement, Grayscale stated it was updating its record of belongings into consideration as a part of its dedication to transparency. Grayscale additional clarified that not all belongings underneath its consideration might be provided as funding merchandise as a result of elements reminiscent of inner controls, custody preparations, and laws.
With regard to single-asset funding merchandise, the agency presently provides 13 cryptocurrencies, lots of which its mother or father entity Digital Forex Group has made direct investments into.
These embody single asset belief funds in Bitcoin, Ethereum, Bitcoin Money, Ethereum Basic, Litecoin, Horizen, Fundamental Consideration Token, Chainlink, Decentraland, Filecoin, Livepeer, Stellar Lumens, and ZCash.
It additionally provides a diversified fund referred to as the Grayscale Giant Cap Belief.
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