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Grayscale, the world’s largest crypto asset manager, is considering another 25 crypto assets for investment products. With the latest addition, the company’s list of coins under consideration has grown to 43. “The process of creating investment products similar to the ones we already offer is a complex, multi-faceted process,” Grayscale said.
25 Crypto Assets Added to List of Tokens Considered by Grayscale Investment Products
Grayscale Investments announced Monday that it has updated its list of digital assets under consideration for 2022. Grayscale currently manages a net worth of $30.6 billion.
The company explained that the “Assets under Consideration” list includes “some digital assets that are not currently included in Grayscale’s investment products, but that came to our attention as part of our exploration of the space, which our team has identified for inclusion in the future. Possible candidates for investment products.” Grayscale details:
With the latest update in January 2022, we added an asset to the Product Family column and 25 assets to the Assets under consideration column.
Amp (AMP) is the only digital asset added to the Grayscale product line.
Another 25 assets under consideration are Algorand (ALGO), Arweave (AR), Axie Infinity (AXS), Bancor (BNT), Bittorrent (BTT), Bora (BORA), Convex (CVX), Cosmos (atom), Decred (DCR), Elrond (EGLD), Enjin (ENJ), Fantom (FTM), Gala (GALA), Gelato (GEL), Helium (HNT), Holo (HOT), Iota (IOTA), Oasis Network ( ROSE), Secret (SCRT), Spell (SPELL), Stacks (STX), The Sandbox (SAND), Universal Market Access (UMA), Vechain (VET) and Yield Guild Games (YGG).
Grayscale Supplement:
The process of creating investment products similar to those we already offer is a complex, multi-faceted process.
“This requires a lot of scrutiny and consideration and is subject to factors such as our internal controls, custody arrangements and regulatory considerations,” the asset manager detailed.
What do you think of Grayscale considering 43 crypto assets as investment products? Let us know in the comments section below.
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