Grayscale has stated that new single-asset trust funds for Polygon, Solana, and various DeFi currencies are being considered.

Grayscale is looking into investing in 13 new cryptocurrencies, including Polygon and Solana’s native coins.

Grayscale Is Taking Into Account 13 New Assets

Grayscale is considering adding a new set of assets to its portfolio.

On Thursday, the investing behemoth released a blog post detailing 13 additional assets under evaluation. The assets in this category are ones that Grayscale may support in the future. Solana, Polygon, Internet Computer, and NEAR were among the scalable networks on the list, competing with Ethereum or providing compatibility with it.

1inch, Bancor, Curve, Kava, Kyber, Loopring, Ren, and 0x are among the DeFi coins included on the list.

Grayscale earlier stated in February that it was looking into 23 possible services, including Aave, MakerDAO, and Polkadot.

Last week, Grayscale was the world’s largest digital asset manager, with over $34 billion in assets under management. In addition, the company manages trust funds and offers shares that enable accredited investors access to various cryptocurrencies on their own.

Grayscale said it was revising its list of assets under consideration as part of its commitment to openness in its most recent statement. However, Grayscale further highlighted that due to internal controls, custody agreements, and restrictions, not all assets considered would be offered as investment products.

Grayscale’s lengthy list of possible new services suggests that the company is gearing up to satisfy investor demand for DeFi and highly scalable blockchains.

The firm now provides 13 cryptocurrencies as single-asset investment solutions, several of which its parent company Digital Currency Group has made direct investments in.

Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, Horizen, Basic Attention Token, Chainlink, Decentraland, Filecoin, Livepeer, Stellar Lumens, and ZCash are among the single asset trust funds available.

It also provides the Grayscale Large Cap Trust, a diversified portfolio.


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