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Cryptocurrency News Articles

Grayscale Unveils 39-Asset Long Consideration List, Including Dogecoin (DOGE)

Jan 10, 2025 at 11:08 pm

Grayscale is considering a staggering 39 assets for inclusion in future investment products across several sectors. The firm disclosed this in a blog post on Thursday, January 9.

Grayscale Unveils 39-Asset Long Consideration List, Including Dogecoin (DOGE)

Crypto asset managers are set to benefit from a surge in institutional demand for digital assets, especially with the incoming Donald Trump administration expected to prioritize favorable regulations.

One such asset manager, Grayscale, has already expanded its offerings significantly and is now considering a batch of assets for future investment products.

Grayscale Considers 39 Assets for Future Products

Grayscale is considering a staggering 39 assets for inclusion in future investment products across several sectors, according to a blog post on Thursday.

The list of assets includes well-known names such as Worldcoin (WLD), Helium (HNT), Hedera Hashgraph (HBAR), Toncoin (TON), Dogecoin (DOGE), Pendle (PENDLE), Ondo Finance (ONDO), Tron (TRX), Binance Coin (BNB), Celestia (CEL), and Sei (SEI), among others.

This latest list largely overlaps with the assets that the fund manager highlighted in its top 20 picks for Q1 2025. However, the expansive nature of the list may reflect Grayscale's optimism regarding institutional crypto adoption in the upcoming year.

While it is unlikely that Grayscale will add support for all these assets simultaneously, if it were to do so, it would more than double the number of assets currently supported by its funds. For reference, the asset manager already offers support for thirty crypto assets.

The firm also noted that it will be updating the list 15 days after the end of each quarter.

Grayscale's assets under management (AuM) total $29.3 billion at the time of writing, according to data from Arkham Intelligence.

News source:thecryptobasic.com

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