GrayScale Mentioned the Tokens It Considers to Offer

by in Cryptocurrency News

Grayscale plans offering more altcoins

Major digital currency manager GrayScale informed about planning to integrate altcoin trusts in January.

Related: Crypto advocacy firm Coin Center receives $1M from Grayscale

Presently, the company offers eight asset investment trusts. They are BTC, BCH, ETH, ETC, ZEN, LTC, XLM, and ZEC. Besides, the organization represents one multiasset capital called Grayscale Digital

Large Cap Fund. It allows investors to get access to a portfolio that includes high-ranked crypto assets. As investor demand in crypto has been rising, GrayScale is thinking of adding more products.

According to a paper published on February 26, the firm is viewing these assets: AAVE, BAT, ADA, LINK, and 19 others.

Grayscale managing executive Michael Sonnenshein says that this doesn't mean all the mentioned tokens will sure become investment products. However, according to him, the company's responsibility is to offer investors different options.
The company will inform about any created products individually before their launch.