The company is considering 39 new crypto assets for investment products
One of the largest institutional players in the cryptocurrency market, Grayscale Investments, has announced the expansion of the list of potential assets for its investment products. The list includes both well-known projects and promising newcomers to the crypto industry.
Among the most notable assets on the list:
BNB (Binance Coin) - is the native token of the largest cryptocurrency exchange Binance, which is used to pay commissions, participate in IEO, and provide various benefits to platform users.
DOGE (Dogecoin) - is one of the oldest and most popular meme cryptocurrencies, created as a joke, but later gained wide recognition and support, including from Elon Musk.
TON (Telegram Open Network) - is a blockchain platform originally developed by the Telegram messenger team, which is now being developed as an independent project with a focus on speed and scalability.
ARB (Arbitrum) - is one of the leading Layer 2 solutions for Ethereum, which reduces the cost of transactions and increases the speed of their processing.
Among the innovative projects are the following:
TIA (Celestia) - is a project that focuses on modular blockchain architecture.
HBAR (Hedera) - a platform for creating decentralized applications with a unique consensus mechanism.
IMX (Immutable X) - A Layer 2 solution for NFTs on Ethereum that provides instant transactions without fees.
WLD (Worldcoin) - is a project aimed at creating a global digital identification system.
Projects related to artificial intelligence and the meta-universe are of particular interest:
- AI16Z
- VIRTUAL
- Prime Intellect
- Sentient
- Space and Time
- Story Protocol
#Grayscale
The inclusion of these assets in Grayscale's list of potential investment products demonstrates the growing interest of institutional investors in various sectors of the crypto industry, from DeFi and GameFi to AI and the meta-universe.
It is worth noting that inclusion in this list does not guarantee the creation of an investment product for a particular asset, but demonstrates Grayscale's seriousness in expanding its portfolio and diversifying investment opportunities for institutional clients.
This news is especially significant in the context of the recent success of spot Bitcoin ETFs and the general trend towards institutionalization of the crypto market.
It shows that major financial market players are ready to consider a wide range of digital assets, going beyond traditional Bitcoin and Ethereum.
