[ad_1]
As one of the most trusted crypto management entities, Grayscale recruited 25 top tokens for assets under consideration categories, including VeChain (VET) and Iota. With this, the world’s largest cryptocurrency management company has taken an important step in expanding its portfolio.Investors trust Grayscale Crypto trading 25 new coins will now be available for venturing into the field and strengthening their investment plans.
Tokens included in the list of assets under consideration are VeChain (VET), Iota, Monero (XMR) and Axie Infinity (AXS), Algorand (ALGO), Arweave (AR), Bancor (BNT), BitTorrent (BTT), Bora , Convex (CVX), Cosmos (ATOM), Decred (DCR), Elrond (EGLD), Enjin (ENJ), Fantom (FTM), Gala, Gelato (GEL), Helium (HNT), Holo (HOT), Oasis Network (ROSE), Secret (SCRT), Spell Token (SPELL), Stacks (STX), The Sandbox (SAND), Universal Market Access (UMA) and Yield Guild Games (YGG). In a recent update, Grayscale revealed that the portal has included Amp in its user-facing native DeFi fund. The tokens considered by the company are the top 100 tokens by market cap.
According to the latest report, the present value of assets under management (AUM) associated with 15 crypto investment products in the Grayscale ecosystem is $55B.This Bitcoin trust and Ethereum Trusts make up a whopping $31.2 billion in AUM figures. Grayscale DeFi Fund has an AUM of $7 million. Data provided by Grayscale’s official website portal highlights a 35.8% decrease in this value since its launch in July 2021.
Launched in 2015 ERC-20 token on Ethereum blockchain network, VET currently serves as the native currency of the VeChainThor blockchain infrastructure. The token is very popular in real-world industries involving supply chain tracking and management. IOTA is a decentralized token for the Iota ledger. It helps connect people to the Internet of Things. The AXS governance token powers the recently earned Axie Unlimited game to earn a strong community. The coin has a market cap of $3.6B and is currently trading at $51.90 in the market space.
famous cryptocurrency exchange, Coinbase announced Wednesday that it has supported four lesser-known crypto projects on its portal. The list includes tokens named Cryptex (CTX), Maple (MPL), DIA, and Unifi Procol DAO (UNFI). Coinbase includes four coins that are not among the top 500 cryptocurrencies by market cap. The exchange looks forward to expanding its product portfolio by adding support for multiple projects for its users in 2022.
[ad_2]
Source link
