Grayscale reveals interest in 25 new crypto projects in new ‘Consideration’ list

Popular crypto investment firm Grayscale Investments has released its ‘Assets Under Consideration’ list, a catalog of digital assets the company is interested in investing in. The list includes tokens of some of the emerging metaverse, DeFi, and Web 3.0 projects that might potentially see investment from Grayscale.

We’ve updated our list of digital assets under consideration for 2022. See what’s new, and learn more about what this means: https://t.co/GahLhJUgwk$ALGO $AR $ATOM $AXS $BORA $BTT $CVX $DCR $EGLD $ENJ $FTM $GALA $GEL $HNT $HOT $IOTA $ROSE $SCRT $SAND $SPELL $STX $VET $YGG

— Grayscale (@Grayscale) January 24, 2022

Some of the popular projects include Algorand (ALGO), Avalanche (AVAX), Axie Infinity (AXS), Convex (CVX), Cosmos (ATOM), Flow (Dapper Labs) (FLOW), Gala (GALA), Internet Computer (ICP), Terra (LUNA), Tezos (XTZ), The Sandbox (SAND), Yield Guild Games (YGG), and more.

If selected, a particular crypto asset would presumably have a Grayscale trust focused on that specific token or would join its multi-asset product Grayscale Digital Large Cap Fund.

“The process of creating an investment product similar to the ones we already offer is a complex, multifaceted process. It requires significant review and consideration and is subject to our internal controls, custody arrangements, and regulatory considerations, among other things,” the investment firm explained.

While the list includes products that Grayscale may be interested in, It may not convert every asset under consideration as one of its investment trusts. In addition, it may also explore other options.

Grayscale, a subsidiary of VC firm Digital Currency Group, currently has 24 assets in its product’s family, which means that the assets under its family column are part of at least one Grayscale investment product.

Grayscale reveals interest in 25 new crypto projects in new ‘Consideration’ list appeared first on Our Bitcoin News.