Dogecoin and Worldcoin Top Grayscale’s list of New Crypto Prospects

Grayscale Expands Investment Watchlist with 35 Altcoins

October 15, 2024

Grayscale, a leading cryptocurrency asset management firm, has announced the addition of 35 altcoins to its investment product watchlist, expanding its potential offerings. These altcoins include:

• Dogecoin (DOGE)
• Worldcoin (WRLD)
• Pyth (PYTH)
• Rune (RUNE)

Focus on Smart Contract Platforms

The majority of the newly considered assets fall under the category of smart contract platforms. These include tokens for alternative layer-1 blockchains such as:

• Aptos (APT)
• Sei (SEI)
• Celestia (CEL)
• Mantle (MNTL)

Grayscale's interest in these tokens reflects the rising demand for scalable blockchain networks that support decentralized applications and financial infrastructure.

Diversification with Solana Projects and Consumer Assets

Grayscale is also exploring tokens from Solana-based projects, diversifying its potential investment offerings. These include:

• Jupiter (JUP)
• Pyth (PYTH)
• Helium (HNT)

Additionally, popular memecoin Dogecoin and crypto gaming network Immutable have been included in Grayscale's "consumer and culture" vertical.

Product Expansions and Innovation

The addition of these altcoins comes amid a wave of new product launches for Grayscale. Recent introductions include:

• Aave Investment Fund (October)
• XRP Trust (September)
• Avalanche Fund (August)

These successes demonstrate Grayscale's commitment to diversifying its holdings and offering a wide range of cryptocurrency-based financial solutions.

Position as a Crypto Investing Leader

With 30 investment products currently offered, including ETFs, dynamic income funds, and investment trusts, Grayscale is positioned to cater to the diverse needs of institutional and retail investors. The company's focus on emerging blockchain projects, smart contract platforms, and consumer-driven assets solidifies its position as a leader in crypto investing innovation.