Grayscale Adds 25 New Assets on its Investment Vehicle Shortlist
New York-based Grayscale Investments, responsible for the Grayscale DeFi Fund and Grayscale Digital Large Cap Fund, has added 25 new digital assets to a list it keeps of potential investments.
The company shared the news in a company blog post on Monday, the selected assets include tokens for a number of high-profile DeFi and metaverse protocols.
Some of the additions to Grayscale’s “Assets Under Consideration” list are the tokens for DeFi projects Algorand (ALGO) and Convex (CVX) and metaverse hits The Sandbox (SAND), Axie Infinity (AXS) and Yield Guild Games (YGG). Grayscale updates this list periodically as well as the assets it already holds.
While noting that “not every asset under consideration will be turned into one of our investment products,” the firm said that the newly added crypto assets are “possible candidates for inclusion in a future investment product.”
We’ve updated our list of digital assets under consideration for 2022. See what’s new, and learn more about what this means: https://t.co/GahLhJUgwk$ALGO $AR $ATOM $AXS $BORA $BTT $CVX $DCR $EGLD $ENJ $FTM $GALA $GEL $HNT $HOT $IOTA $ROSE $SCRT $SAND $SPELL $STX $VET $YGG
— Grayscale (@Grayscale) January 24, 2022
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Grayscale maintains its list periodically and does not exclude assets not featured on the list to become an investment option.
Two months ago, Grayscale launched its sixteenth investment vehicle, the Grayscale Solana Trust.
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Source: igaming
