Grayscale now adds Aptos and Dogecoin to its product family alongside 33 other altcoins as it tests the waters for new services.
Grayscale, a major player in crypto asset management, has announced a list of altcoins it is evaluating for potential new institutional products.
In a recent blog post, Grayscale identified 35 “assets under consideration,” which are digital assets not currently part of its offerings but seen as possible candidates for future inclusion. Grayscale stated,
“As a leading crypto-focused asset manager, our mission includes introducing investors to a diverse range of investable digital assets.
We are pleased to share this list of potential assets for future Grayscale investment products, along with an updated inventory of our existing offerings.”
Among the assets mentioned are smart contract platforms such as Aptos (APT), Arbitrum (ARB), Celestia (TIA), Cosmos (ATOM), and Toncoin (TON).
In the “consumer culture” category, Grayscale has included Dogecoin (DOGE) and the Web3 gaming platform Immutable (IMX) as potential candidates.
For the “utilities” category, Grayscale lists Worldcoin (WLD), Artificial Superintelligence Alliance (FET), and Pyth (PYTH), among others.
Recently, Grayscale launched a new trust that allows investors to gain exposure to the decentralized finance (DeFi) protocol Aave (AAVE).
This product is exclusively invested in Aave’s native token and operates similarly to the company’s other single-asset trusts.
Additionally, Grayscale introduced a new XRP Trust in September, following the discontinuation of a similar product in 2021.
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Also Read: Bitcoin ETF Volume Now Surges Past A Whopping $2.1 Billion
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