Globally renowned digital asset manager has given us a glimpse into what type of crypto investment products they may offer in the future.
Grayscale has announced that it is considering 25 crypto assets for new investment products, including Cosmos (ATOM) and Fantom (FTM).
Some Metaverse tokens are also included, like Axie Infinity (AXS), Gala (GALA) and The Sandbox (SAND).
Assets Under Consideration
“‘Assets Under Consideration’ lists some digital assets that are not currently included in a Grayscale investment product, but that have come to our attention as part of our exploration of this sector, and that our team has identified as possible candidates for inclusion in a future investment product.”
Greyscale offers investment products for 24 digital assets already, including Bitcoin (BTC) and Ethereum (ETH) products. Grayscale is considering 25 new cryptocurrencies, including several big-name projects.
The most significant crypto assets by market cap on Grayscale’s list are smart contract platforms Cosmos and Fantom.
Algorand (ALGO) is also under consideration by the crypto investment giant, alongside enterprise solution blockchain VeChain (VET) and play-to-earn blockchain game Axie Infinity (AXS).
Metaverse tokens on Grayscale
Other notable altcoins newly added to Grayscale’s assets under consideration list include metaverse blockchain gaming token Gala (GALA) and the virtual world The Sandbox (SAND).
Other large-cap cryptos, such as Avalanche (AVAX), Polygon (MATIC) and Terra (LUNA), were already under consideration before the most recent update.
The other new assets under Grayscale’s consideration are Arweave (AR), Bancor (BNT), BitTorrent (BTT), Convex (CVX), Decred (DCR), Elrond (EGLD), Enjin (ENJ), Gelato (GEL), Helium (HNT), Holo (HOT), IOTA (IOTA), Oasis Network (ROSE), Secret (SCRT), Spell (SPELL), Stacks (STX), Universal Market Access (UMA), Yield Guild Games (YGG), and BORA (BORA).
Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party, and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high-risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.
Via this site.