Grayscale Added 25 New Altcoins To Its Asset List
Grayscale added 25 new altcoins to its asset list. What metaverse altcoins has Grayscale added to its basket?
Grayscale announced that it has added 25 digital assets, including DeFi and metaverse projects, to its “Assets Under Considered” list. Among the digital assets added to the list are metaverse initiatives such as DeFi projects Algorand (ALGO), Convex (CVX), Axie Infinity (AXS) and Yield Guild Games (YGG).
Grayscale, which manages the Grayscale DeFi Fund and Grayscale Digital Large Cap Fund, has updated the evaluation list for 2022. Grayscale builds this list periodically and by updating its holdings.
DeFi projects Algorand (ALGO) and Convex (CVX) were included in the list, while Sandbox (SAND), Axie Infinity (AXS) and Yield Guild Games (YGG) were added from metaverse projects.
In a statement on the subject,
Grayscale said that the products on the list could be one of their future investment assets. However, stated that does not mean that every asset evaluated can be included in the list of investment products.
It should also be noted that Grayscale added Flexa's AMP to its portfolio of digital assets, including assets such as Bitcoin, Ethereum and Cardano, at the beginning of January.