Grayscale Investments, the largest digital asset management company, has revealed the names of 13 more tokens, the possibility of launching trusts on the basis of which it is considering. These are 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).
The latter extension mainly covers projects related to the decentralized finance space. In addition, it includes the proprietary assets of high-performance smart contract platforms such as Solana, NEAR, and Dfinity. In total, Grayscale currently has 31 unlaunched products under consideration, while it offers its clients access to 13 trusts.
“Not all pending assets will be converted into one of our investment products,” the company warns. – The process of creating an investment product, similar to those already offered by us, is complex and requires diverse efforts. It involves significant study of the subject and requires significant internal controls, sufficient preparatory work to hold the assets and consideration of the regulatory aspect. ”
Throughout its existence, Grayscale has been slow to launch new trusts, but in March it did add five instruments based on Basic Attention Token, Chainlink, Decentraland, Filecoin and Livepeer. Today, they contain 0.1% of all assets under the management of the company, amounting to about $ 34.4 billion. In the total volume of the crypto investment funds market, Grayscale’s share is approximately 75%. 73% of the assets managed by Grayscale are concentrated in the GBTC bitcoin trust. Also recently, the Ethereum trust has shown significant growth, the share of which has reached 22%.
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