Sat, September 23

Grayscale Investments Explores 13 More Additional Tokens

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CEO of Grayscale Mentions 5 Crypto Trends to Watch Out For in 2022 Market News

Digital currency asset manager Grayscale initiates to add 13 more new tokens under the consideration of decentralized finance (DeFi). 

Grayscale, the world’s largest crypto- asset manager explores the investments introducing newly potential products. The firm seeks to create additional investment products which help them to fly forward in their professional journey. 

Grayscale Explores Additional Assets

Moreover,  Grayscale Investments planned to launch 13 more tokens as additional assets. In commitment to transparency, the updated token list includes, 1inch (1INCH), Bancor (BNT), Curve (CRV), Internet Computer (ICP), Kava (KAVA), Kyber Network (KNC), Loopring (LRC), NEAR (NEAR), Polygon (MATIC), Ren (REN), Solana (SOL), Universal Market Access (UMA), and 0x (ZRX). 

Additionally,  the CEO of Grayscale, Michael Sonnenshein shared that the firm is eager to extend their product offerings to better serve our investors. He also added, 

The digital currency universe is constantly evolving and we seek to identify bold, interesting, and innovative opportunities that satisfy our investors’ demand for differentiated exposure to this burgeoning asset class”.

Further, all these tokens are concerned under a decentralized finance platform. DeFi has the chance to make a historical impact, bringing decentralized finance to people across the world. This decentralized finance plays a vital role in providing real-time experience to all the crypto users. 

More so, Grayscale announced that not all of these tokens under consideration will come under their investment products. Based on the process, regulatory concerns and proper reviews the tokens will be taken into account. 

Therefore, the Grayscale community strives to bring innovative ideas on digital currency-driven financial systems. The users are provided safe and  secured investment products in Grayscale platform. With all these initiatives, Grayscale is marching towards further adoption in the industry.

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A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere.