random
Hot News

Grayscale plans to introduce more digital currency products to meet institutional demand

Home

 Grayscale plans to introduce more digital currency products to meet institutional demand

Grayscale Investments LLC, the world's largest cryptocurrency asset manager, announced that it is studying several new digital currencies to present as potential products for institutional investors.

The New York-based company continues to look for ways to meet the growing investor demand for digital currencies with regulated, safe and familiar investment products.

grayscale,digital assets,digital Kapanlagi	 Yandex.ru	 Open Inventory	 WebAds	 Madhouse Mobile	 CPX Interactive	 Guru Media	 Advertising Alliance	 Compare Group	 transcosmos	 eHealthcare Solutions	 KPI Solutions	 ScaleOut	 Bannerconnect	 Independent Traveler	 Quantcast	 MediaScience	 AdKnowledge	 Barons Media	 Specific Media	 InterCLICK	 Dun & Bradstreet	 Advantage Media	 Bridge Marketing	 Belgacom	 Connexity	 HealthiNation	 Advertising Technologies	 remerge	 Media Decision	 Performance Advertising	 AdGear	 Business Ad	 Cyber Communications	 Motricity	 TruEffect	 TCS Bank	 MediaMind	 GroupM	 Videology	 SEEK Commercial	currency,intro to cryptocurrency,digital asset investor,grayscale investments,grayscale bitcoin trust,institutional investors vs retail,digital asset market,grayscale bitcoin,how to become a bitcoin millionaire,can bitcoin get to 1 million,digital dollar,institutional investors,digital asset news,cryptocurrency digital gold,grayscale bitcoin trust now an sec-reporting company,grayscale bitcoin trust stock,new international reserve currency,digital currencies

The company is currently studying the following digital currencies:

(AAVE), (BAT), (ADA), (LINK), (COMP), (ATOM), (MANA), (EOS), (FIL), (FLOW), (LPT), (MKR), (XMR) ), (NMR), (DOT), (RSR), (STX), (SUSHI), (SNX), (XTZ), (GRT), (UNI) and (YFI).



 Michael Sun Shin, CEO of Grayscale, said:
We may not convert each of these digital currencies into one of our prominent investment products.

 

But as a company that was at the forefront of linking the old financial system to the new financial system driven by the digital currency, we consider it our responsibility to introduce investors to more diversity in this field.

 The process for creating a structured investment product would be similar to that already provided by the company taking into account the review the company undertakes, setting up internal controls, regulatory considerations, and adequately secure custody arrangements.

Meaning, there is no guarantee that the aforementioned digital currencies will turn into an investment product for the company.

Grayscale said any newly created products would be announced separately at launch.

Grayscale currently offers eight individual asset mutual funds including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, ZEN, Stellar and ZEC.

The company also offers a single diversified fund (Grayscale Digital Large Cap Fund) that offers exposures to the best cryptocurrencies through total market capitalization.

google-playkhamsatmostaqltradent