One of the leading crypto asset management firms, Grayscale Investments, will be expanding the number of investment products available on its platform.
Grayscale considering 13 more assets
Grayscale Investments has announced that it intends to expand the number of investment products available to its investors. As such, it is exploring the option of 13 cryptocurrency assets, including Solana.
In a Medium post yesterday, Grayscale said the 13 cryptocurrencies would join its previous list of 23. Hence, the asset manager is now reviewing 31 cryptocurrencies to add to consider for new investment products. 1inch (1INCH), Bancor (BNT), Curve (CRV), Internet Computer (ICP), Kava (KAVA), Kyber Network (KNC), Loopring (LRC), NEAR (NEAR), Polygon (MATIC), Ren (REN), Solana (SOL), Universal Market Access (UMA), and 0x (ZRX) are the new cryptocurrencies under review.
Of the 23 it was reviewing earlier this year, Grayscale has listed five, including Chainlink, BAT, Decentraland, Filecoin and Livepeer.
Despite the addition, not all the coins would be added as investment products on the platform. Grayscale wrote, “As a reminder, not every asset under consideration will be turned into one of our investment products. The process of creating an investment product similar to the ones we already offer is a complex, multifaceted process.”
Grayscale currently offers 13 crypto investment products
The crypto asset manager currently offers 13 cryptocurrency investment products to its investors. Bitcoin, Ethereum, Ethereum Classic, Bitcoin Cash, Basic Attention Token, Filecoin, Horizen, Litecoin, Chainlink, Decentraland, Zcash, Stellar Lumens, and Livepeer are the cryptocurrencies currently offered by Grayscale.