Grayscale is considering Polygon and SOLANA in their investment product family

Published on: 18.06.2021

Crypto asset manager Grayscale announced Thursday that it is exploring 13 more investment products, including ones tied to Solana (SOL) and Polygon (formerly Matic Network)  tokens.

The other 11 products under consideration are tied to these tokens: 1inch (1INCH), Bancor (BNT), Curve (CRV), Internet Computer (ICP), Kava (KAVA), Kyber Network (KNC), Loopring (LRC), NEAR (NEAR), Ren (REN), Universal Market Access (UMA), and 0x (ZRX).

The asset manager said the process of creating an investment product is complex and multifaceted.

“It requires significant review and consideration and is subject to substantial internal controls, sufficiently secure custody arrangements, and regulatory considerations.”

Grayscale is the largest crypto asset manager in the world, managing more than $34 billion in client assets. Its bitcoin trust product (GBTC), however, boasts the lion’s share of the total assets at more than $25 billion.

 

🔎 HEADLINES

 

Market Stats:
BTC Dominance: 61.98%(-0.05%/24h)
ETH Dominance: 8.17%(+0.00%/24h)
Defi Market Cap: $77.45B(-38.17%/24h)
Total Market Cap: $2668.68B(-0.74%/24h)
Total Trading Volume 24h: $42.58B(-57.60%/24h)
ETH Market Cap: $217.96B
Defi to ETH Ratio: 35.53%
Defi Dominance: 2.8%
Altcoin Market Cap: $1014.66B
Altcoin Volume 24h: $28.41B
Total Cryptocurrencies: 34239
Active Cryptocurrencies: 10395
Active Market Pairs: 103849
Active Exchanges: 819
Total Exchanges: 10300
BTC: 83336.58$(-0.1%/1H)
ETH: 1806.25$(-0.12%/1H)
AVAX: 17.44$(-1.2%/1H)
BNB: 591.37$(-0.06%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.65$(-0.36%/1H)
DOT: 3.93$(-0.51%/1H)
UNI: 5.83$(-0.38%/1H)
CAKE: 1.78$(-0.44%/1H)
SUSHI: 0.55$(-0.5%/1H)
ONE: 0.01$(-0.52%/1H)