Grayscale Investments has just added 13 crypto assets to its platform that it can use to offer new investment trusts to its clients in the future.
These include 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).
The company has committed to update this list regularly. Grayscale has explained the inclusion of these assets does not necessarily mean it will launch new products based on each of them. This process involves significant work in the areas of regulation, internal control and storage.
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The company considered other 23 assets in February. Grayscale created five new investment trusts in March based on five of these assets: Basic Attention Token (BAT), Chainlink (LINK), Decentraland (MANA), Filecoin (FIL) and Livepeer (LPT), bringing the number of trusts under management by the company to 14.
According to the latest data available, the total amount of funds in the 14 trusts launched by Grayscale Investments in Bitcoin, Ethereum and other cryptos amounts up to $34.4 billion.