Grayscale Considers 39 Altcoins for Investment in Q1 2025
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Grayscale revealed an extensive list of cryptocurrencies, including meme coins and AI tokens, which could soon join its investment products. As part of its review process, the investment manager adjusts its product catalog 15 days after quarter-end. Grayscale Reveals Potential Candidates for Q1 2025 In an official statement, Grayscale said that it is considering adding 39 altcoins to its growing suite of investible digital assets. Based on the list, and as has been done in the past, the 39 altcoins fall under five groups: Currencies (crypto asset as a medium of exchange or store of value), Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services. Grayscale Crypto Sector Assets Under Consideration Currencies Kaspa (KAS) Smart Contract Platforms Aptos (APT), Arbitrum (ARB), Celestia (TIA), Hedera Hashgraph (HBAR), Mantle (MNT), Sei (SEI), Sonic (S) Starknet (STRK), Toncoin (TON), TRON (TRX) Financials Aerodrome (AERO), Binance Coin (BNB), Ethena (ENA), Hyperliquid (HYPE)* Injective Protocol (INJ), Jupiter (JUP), Ondo Finance (ONDO), Pendle (PENDLE), THORChain (RUNE). Consumer & Culture Ai16z (AI16Z)* Dogecoin (DOGE), Immutable (IMX), Virtuals Protocol (VIRTUAL)* Utilities & Services Akash Network (AKT), Artificial Superintelligence Alliance (FET), Arweave (AR), Eigen Layer (EIGEN), FLock.io (FLOCK)*, Grass (GRASS)*, Helium (HNT), Hyperbolic*, Jito (JTO), Prime Intellect*, Pyth (PYTH), Sentient*, Space and Time*, Story Protocol*, and Worldcoin (WLD). Grayscale List of Potential Investible Assets Notably, this is not the first time Grayscale has added altcoins to its investment suite. In a similar move, the investment manager added 35 altcoins to its investment catalog in mid-October. Noteworthy, some altcoins that were on the previous list of consideration remain in the latest one. Among them are KAS, APT, ARB, and TIA. In the same way, others have been removed. This hints at the complexities that come with making it to Grayscale’s list of investible projects. “The list…
Filed under: News - @ January 10, 2025 6:25 pm