Grayscale, a major crypto asset management company, has announced a list of altcoins that it is considering as a new product for institutional investors.
In a blog post, Grayscale listed 35 “assets under consideration,” or digital assets that are not currently included in the product but that the company has identified as potential candidates for inclusion in future products.
Grayscale says,
“As a leading asset management company specializing in cryptocurrencies, introducing investors to a diverse range of investable digital assets is an important part of our mission.
We are therefore pleased to share this list of assets that we are considering for inclusion in future Grayscale investment products, as well as an updated list of assets that are already part of our product family. ”
Grayscale’s list includes smart contract platforms Aptos (APT), Arbitrum (ARB), Celestia (TIA), Cosmos (ATOM), and Toncoin (TON).
Grayscale classifies it as “consumer culture” and also mentions Dogecoin (DOGE) as potential candidates, along with Web3 gaming platform Immutable (IMX).
Under “Utilities,” Grayscale lists names such as Worldcoin (WLD), Artificial Superintelligence Alliance (FET), and Pyth (PYTH).
The company recently launched a new trust offering investors exposure to decentralized finance (DeFi) protocol Aave (AAVE). The new product will invest exclusively in Aave’s native token and will function similarly to the company’s other single-asset trusts.
Grayscale also launched a new XRP Trust in September after discontinuing a similar product in 2021.
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