Hut 8 optimizes self-mining operations as miners come online at Salt Creek 
Blockchain Expo Returns to RAI Amsterdam in October 2024 and is set to showcase the latest in crypto innovation 
Battle For Glory With CryptantCrab Primordial NFTs, Set To Release on 19th April 
W3WC Dubai Event: Where Visionaries Unite for Web3’s Tomorrow 
D. Usmanov Launches The “Psychoin” Token – Revolutionizing Well-BeingThrough Digital Currency and Mental Wellness Innovation 
How to Become a Crypto Market Maker? 
KuCoin Acknowledges Strong Community Support with $10 Million Airdrop Reaffirms Strength and Commitment As the ‘People’s Exchange’ 
Nilam Resources Enters Letters of Intent to Acquire 24,800 Bitcoin 
Coinvance Sends Shockwaves Throughout The Crypto Sector WithThe Launch of Their Next-Gen Crypto Asset Management Platform 
ArbitrageScanner – Exclusive Side Event in Dubai. Best Cryptocurrency Trading Tools – How to make money on the crypto bull market? New potential products reflect company’s continued commitment to improving investment community’s access to digital currency asset class.
Grayscale Investments, the world’s largest digital currency asset manager, is announcing its consideration of several new digital assets for potential new product offerings. The firm, which currently offers accredited investors eight single-asset investment trusts and one diversified fund, continues to seek ways to better meet growing investor demand for exposure to digital assets through familiar, secure, and regulated investment products.
The digital assets currently under consideration include:
- Aave (AAVE)
- Basic Attention Token (BAT)
- Cardano (ADA)
- Chainlink (LINK)
- Compound (COMP)
- Cosmos (ATOM)
- Decentraland (MANA)
- EOS (EOS)
- Filecoin (FIL)
- Flow (Dapper Labs) (FLOW)
- Livepeer (LPT)
- MakerDao (MKR)
- Monero (XMR)
- Numeraire (NMR)
- Polkadot (DOT)
- Reserve Rights (RSR)
- Stacks (STX)
- Sushiswap (SUSHI)
- Synthetix (SNX)
- Tezos (XTZ)
- The Graph (GRT)
- Uniswap (UNI)
- Yearn Finance (YFI)
“We’re eager to expand our product offerings to better serve our investors,” said Grayscale CEO Michael Sonnenshein. “The digital currency universe is constantly evolving and we seek to identify bold, interesting, and innovative opportunities that satisfy our investors’ demand for differentiated exposure to this burgeoning asset class.”
“We may not turn each of these assets into one of our landmark investment products,” continued Sonnenshein. “But as a firm that has been on the vanguard of connecting the legacy financial system with the new, digital currency-driven financial system, we view it as our responsibility to introduce investors to more diversity in this space.”
The process of creating an investment product structured similarly to those Grayscale already offers requires significant review and consideration, and is subject to substantial internal controls, sufficiently secure custody arrangements, and regulatory considerations. As such, there is no guarantee that assets named in the above list will receive a corresponding investment product.
Any newly-created products from Grayscale will be announced separately upon launch.
Leave A Reply