Grayscale Solana Appears to Add Polygon, ICP, and 10 More Crypto Assets

Leading crypto asset manager Grayscale Investments is exploring 13 additional investment products. The list, announced Thursday, includes the top 20 cryptocurrencies by market cap: Solana (SOL), Polygon (formerly Matic Network) (MATIC) and Internet Computer (ICP) tokens. The asset manager also looks at 1inch (1INCH), Bancor (BNT), Curve (CRV), Kava (KAVA), Kyber Network (KNC), Loopring (LRC), NEAR (NEAR), Ren (REN), Universal Market . Access (UMA) and 0x (ZRX). UPDATE 17/06/21: Net assets under management, unit per share and market price per share for our investment products. Total AUM: 34.4B$BTC$BCH$ETH$ETC$ZEN$LTC$XLM$ZEC$BAT$LINK$MANA$FIL$LPT pic.twitter.com/PtYdWkfxmM — Grayscale (@Grayscale) Jun 17, 2021 Grayscale has more than $33 billion in assets under management (AUM). The asset manager's Bitcoin Trust (GBTC) product is the clear leader of the 13 investment products it currently offers, with $24.5 billion in assets under management. However, shares in the trust stock have been trading at a discount to the Bitcoin price since February. The 13 new assets under review mean Grayscale is evaluating a total of 31 investment products, in addition to the 18 the company is currently investigating. Grayscale announced in February that it was exploring 23 potential new assets and launched five in March: Basic Attention Token (BAT), Chainlink (LINK), Decentraland (MANA), Filecoin (FIL), and Livepeer (LPT). In its latest announcement, Grayscale said its investment products "require significant consideration and evaluation and are subject to significant internal controls, adequate custody arrangements and regulatory considerations." Morgan Stanley will expand Bitcoin Fund options Investment trusts and funds such as Grayscale offer companies exposure to cryptocurrencies without having to hold the underlying asset Products traded on public exchanges track the price of a crypto

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