Thursday, July 25, 2024

Grayscale Expands Its ‘Under Consideration’ List to Include 25 Digital Assets.

Owned by the Digital Currency Group, Grayscale Investments is an investment management company that takes care of the Grayscale Large Cap Fund as well as Grayscale DeFi fund. It is one of the major players in the crypto game and is also deemed a trusted authority on crypto asset management and all the activities related to it. Recently, Grayscale announced that it will be adding 25 more assets to its “under consideration” list. This list includes potential assets that the company may invest in. The contents of this list are public knowledge. Thus, smart investors can examine the current condition as well as the trajectory of a given asset in this list. By doing this, they either go with that asset and invest in it, believing that Grayscale will also turn it into its asset, or pass upon it.

The Newly Added Potential Assets

The newly added potential assets in this list include a variety of metaverse projects such as the Sandbox, AXS, YGG. It even includes DeFi projects such as ALGO and CVX. The inclusion of metaverse projects in the list hints at the smooth integration of crypto and metaverse in the coming future. In fact, it had begun in the year 2021 itself.

Conclusion

It’s important to note, however, that not all the assets included in this list end up making it. Grayscale carefully handpicks the assets from this list to invest. Thus, you should do your own research on these assets before making any financial decision regarding the same.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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