Grayscale will explore 23 new investment products such as AAVE, SNx, sushi and dot, and the field of defi has become a hot spot

in #grayscale3 years ago

Digital asset management company grayscale said on Friday that it was exploring new investment products, and that the focus of its attention was decentralized finance.

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In the announcement, grayscale said it was considering several new digital assets for potential new investment products.The company currently provides eight single asset investment trusts and one diversified fund for qualified investors and will continue to seek ways to better meet the growing demand for digital assets through familiar, safe and regulated investment products.

Grayscale is considering 23 kinds of digital assets, including: AAVE (AAVE), basic attention token (BAT), Cardano (ADA), chainlink (link), compound (COMP), Cosmos (atom), decentraland (mana), EOS (EOS), filecoin (FIL), flow (dapper labs) (flow), livepeer (LPT), makerdao (MKR), monero (XmR), numeraire (NMR), Polkadot (DOT), reserveRights (RSR), stacks (STX), sushiswap (sushi), synthetix (SNx), tezos (xtz), the graph (GRT), uniswap (UNI) and year finance (yfi).

"We are keen to expand our product range to better serve our investors," said Michael sonnenshen, chief executive officer of grayscale.The digital money sector is evolving and we are looking for bold, interesting and innovative opportunities to meet the differentiated investment needs of our investors in this emerging asset class. "

"We may not turn every one of these assets into our investment products," he stressed.But as a company that has been at the forefront of connecting the traditional financial system with the new, digital currency driven financial system, we believe it is our responsibility to introduce more diversity in this field to investors. "

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However, grayscale also said that the process of creating an investment product with a structure similar to that already provided by grayscale requires a lot of review and consideration, and is subject to a large number of internal controls, sufficiently secure custody arrangements and regulatory restrictions.Therefore, it does not guarantee that the assets listed in the above list will have corresponding investment products.

It is worth noting that in grayscale's list of concerns, more than one-third of the famous digital assets in the field of AFI, such as AAVE, compound, makerdao, reserve rights, sushiswap, synthetix, uniswap and year. Finance, account for more than a third of grayscale's attention list, indicating that the asset management company is optimistic about the decentralized financial sector.

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