Grayscale, the world’s largest crypto asset manager, is considering 25 more crypto assets for investment products. With the latest additions, the company’s list of currencies under consideration has grown to 43. “The process of creating an investment product similar to those we already offer is a complex and multifaceted process,” said Grayscale.
25 Crypto Assets Added to List of Coins Under Consideration for Grayscale Investment Products
Grayscale Investments announced Monday that it has updated its list of digital assets under consideration for 2022. Grayscale currently has $30.6 billion in net assets under management.
The company explained that the list of “Assets under consideration” includes “some digital assets that are not currently included in a grayscale investment product, but have come to our attention as part of our exploration of this sector and that our team has identified as possible. candidates for inclusion in a future investment product. Grayscale details:
With our most recent update in January 2022, we added an additional asset to our Product Family column and 25 assets to the Assets Under Consideration column.Amp (AMP) is the only digital asset added to the Grayscale family of products.
The additional 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), Hélio (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 added:
The process of creating an investment product similar to those we already offer is a complex and multifaceted process.“This requires significant analysis and consideration and is subject to our internal controls, custody arrangements and regulatory considerations, among other things,” the asset management firm explained.