Institutional asset manager Grayscale has announced 13 more crypto assets are currently under consideration for its suite of crypto investment trust products.
Revealed on June 18, the prospective assets mainly represent the decentralized finance (DeFi) sector, including 1inch, Bancor, Curve, Kava, Kyber Network, Loopring, Polygon, Ren, Universal Market Access, and 0x.
The native tokens of high-speed scalable blockchain networks Solana, Near, and Dfinity have also been added to Grayscale’s list of considered cryptocurrencies.The new additions bring the total number of assets being explored by Grayscale to 31. Grayscale currently offers products tracking the performance of 13 different assets.
Grayscale emphasizes that “not every asset under consideration will be turned into one of [its] investment products,” and that certainly appears to have been the case for previously announced assets under consideration such as Cardano, Eos, and Tezos.
Grayscale did introduce five new trusts on March 17, launching 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).