THELOGICALINDIAN - Layer 1 chains Fantom Algorand and Oasis Network are amid the new additions to Grayscales list
Grayscale Investments has adapted its account of agenda assets beneath application for this year. 25 added tokens, including Layer 1 chains, Metaverse applications, and blockchain games, accept been added to the list.
Grayscale Expands Assets Under Consideration
Grayscale is adorning its advance horizons.
The crypto asset administration aggregation updated its account of assets beneath application Monday, abacus 25 added tokens. The new additions accompany the absolute cardinal of assets on Grayscale’s alarm to 43. In the aforementioned announcement, Grayscale appear it had additionally added Amp, a agenda accessory token, to its artefact family.
Among the new entrants are several another Layer 1 blockchain tokens such as Algorand, Elrond, Fantom, Helium, Holochain, Oasis Network, and Secret Network. These tokens could eventually body on the account of Layer 1 chains offerings already aural Grayscale’s artefact family, such as Ethereum, Solana, and Cardano.
Another arresting affair in the new annular of assets is Metaverse and blockchain gaming applications. Seven of the 25 tokens abatement beneath this class and accommodate Arweave, Axie Infinity, BORA, Enjin, Gala Games, The Sandbox, and Yield Guild Games. Currently, Decentraland’s MANA badge is the alone Metaverse appliance Grayscale offers to its investors.
The actual tokens Grayscale is because awning a advanced ambit of DeFi, Web3, and Internet of Things use cases. They accommodate Bancor, BitTorrent, Convex, Decred, Gelato, IOTA, Spell, Stacks, Universal Market Access, and VeChain.
Grayscale Investments is an asset administration aggregation that helps institutions accretion acknowledgment to cryptocurrencies. The aggregation is in the action of converting its best accepted offering, the Grayscale Bitcoin Trust, into an exchange-traded fund. It is currently apprehension approval from the U.S. Securities and Exchange Commission.
Disclosure: At the time of autograph this feature, the columnist endemic ETH, SOL, FTM and several added cryptocurrencies.
