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Grayscale Now Adds Aptos and Dogecoin To Product Family

Release: 2024/10/25 20:05 Reading: 337

Original author:FrankNez

Original source:https://coinmarketcap.com/community/articles/671b823fe615ba7999676304

Grayscale Now Adds Aptos and Dogecoin To Product Family

Grayscale, a leading player in crypto asset management, has announced a list of altcoins it is evaluating for potential new institutional products.

The list, released in a recent blog post, includes 35 assets under consideration that are not currently part of Grayscale's offerings but are being considered for future inclusion.

"As a leading crypto-focused asset manager, our mission includes introducing investors to a diverse range of investable digital assets," Grayscale said in the post. "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.

Grayscale recently 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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