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Cryptocurrency News Articles

Grayscale Adds 10 New Altcoins to Its Evaluation List, Focusing on AI Themes

Jan 10, 2025 at 09:30 pm

Grayscale Adds 10 New Altcoins to Its Evaluation List, Focusing on AI Themes

Asset management giant Grayscale has made updates to its lineup of altcoin funds. Notably, several of these new additions center around artificial intelligence themes.

Grayscale has expanded its “Evaluation List,” which includes altcoins that are being considered for future investment products but are not yet part of Grayscale's offerings. The firm has added 10 new altcoins to the list, bringing the total to 39.

These altcoins are being considered for inclusion in Grayscale's altcoin funds, which are designed to provide investors with exposure to a basket of digital assets. Grayscale's altcoin funds have attracted significant interest from investors, with several of them being among the top-performing funds in the asset management industry.

The new altcoins that have been added to Grayscale's Evaluation List include HYPE, AI16Z, VIRTUAL, and several others. These altcoins span a wide range of sectors within the cryptocurrency space.

The additions to Grayscale's Evaluation List highlight the firm's interest in diversifying its portfolio and exploring new investment opportunities in emerging sectors such as AI and blockchain technology. Grayscale's ongoing evaluation and expansion of its altcoin offerings are a testament to the growing interest and adoption of digital assets in mainstream finance and technology.

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