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Cryptocurrency News Articles

Grayscale Expands Its Evaluation List by Including 35 New Altcoin Projects

Oct 12, 2024 at 09:17 pm

Kaspa (KAS), Aptos (APT), Arbitrum (ARB), Celestia (TIA), Celo (CELO), Core (CORE), Cosmos (ATOM), Internet Computer (ICP), Mantle (MNT), Metis (METIS), Neon (NEON), Optimism (OP), Polygon (POL ex. MATIC), Sei (SEI), Starknet (STRK), Toncoin (TON), TRON (TRX), Aerodrome (AERO), Ethena (ENA), Injective Protocol (INJ), Jupiter (JUP), Mantra (OM), Ondo Finance (ONDO), Pendle (PENDLE), THORChain (RUNE), Dogecoin (DOGE), Immutable (IMX), Akash (AKT), Arweave (AR), Artificial Superintelligence Alliance (FET), Helium (HNT), Pyth (PYTH), UMA Project (UMA), VeChain (VET) and Worldcoin (WLD).

Grayscale Expands Its Evaluation List by Including 35 New Altcoin Projects

Grayscale, a leading crypto asset management firm, has an important role in the cryptocurrency market with its evaluations and reports on crypto assets. Grayscale, which updates this list within 15 days from the end of each quarter, also reviews or re-evaluates additional assets as the altcoin ecosystem expands. After its last update, Grayscale included the following 35 altcoin projects in its list:

Kaspa (KAS), Aptos (APT), Arbitrum (ARB), Celestia (TIA), Celo (CELO), Core (CORE), Cosmos (ATOM), Internet Computer (ICP), Mantle (MNT), Metis (METIS), Neon (NEON), Optimism (OP), Polygon (POL ex. MATIC), Sei (SEI), Starknet (STRK), Toncoin (TON), TRON (TRX), Aerodrome (AERO), Ethena (ENA), Injective Protocol (INJ), Jupiter (JUP), Mantra (OM), Ondo Finance (ONDO), Pendle (PENDLE), THORChain (RUNE), Dogecoin (DOGE), Immutable (IMX), Akash (AKT), Arweave (AR), Artificial Superintelligence Alliance (FET), Helium (HNT), Pyth (PYTH), UMA Project (UMA), VeChain (VET) and Worldcoin (WLD).

AAVE price rebounds after Grayscale Aave Trust!

As you have been following on Kriptokoin.com, Grayscale recently announced the launch of the Aave Trust. Following this development, the altcoin price rose above the $140 mark. Previously, the AAVE price had fallen as low as $135 following a wave of selling in the crypto market. However, this latest development provided a spark for the token.

In a press release, Grayscale announced that the Grayscale Aave Trust has been created and opened for daily subscription by eligible individual and institutional accredited investors. The trust will offer investors a way to gain exposure to AAVE, the governance token of DeFi platform Aave. Speaking about the development, Rayhaneh Sharif-Askary, Head of Product and Research at Grayscale, said: “The Grayscale Aave Trust provides investors with exposure to a protocol that has the potential to revolutionize traditional finance. By leveraging blockchain technology and smart contracts, Aave’s decentralized platform aims to optimize lending and borrowing, eliminating intermediaries and reducing reliance on human judgment.”

Things to know about Trust

According to the Grayscale website, the net asset value (NAV) per share is currently $13.88. Meanwhile, the fund has $151,281 in assets under management (AuM). Grayscale, which has more than 20 crypto funds, continues to lead the way in crypto investment products.

Original source:kriptokoin

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