Institutional asset manager Grayscale announced that 13 more crypto assets are currently under consideration for its suite of crypto investment trust products.
Revealed on June 18, the future assets mainly represent the decentralized finance (DeFi) sector, including 1inch, Bancor, Curve, Kava, Kyber Network, Loopring, Polygon, Ren, Universal Market Access and 0x.
Native tokens of the fast scalable blockchain networks Solana, Near and Dfinity have also been added to Grayscale's list of cryptocurrencies.
The new additions bring the total number of resources explored by Grayscale to 31. Grayscale currently offers products that track the performance of 13 different resources.
Grayscale stresses that "not all assets under consideration will be converted into one of its investment products," and this certainly appears to be the case with previously announced assets such as Cardano, Eos and Tezos.
Grayscale launched five new trusts on March 17, introducing products for Basic Attention Token, Chainlink, Decentraland, Filecoin and Livepeer. These five trusts currently represent just 0.1% of Grayscale's $34.4 billion in assets under management (AUM).
According to CoinShares , Grayscale funds represent 75% of the total $44.3 billion in assets under management in institutional cryptocurrency investment products.
