Grayscale to Integrate Altcoin Trusts

Digital asset investment firm Grayscale enlarges the number of product services while the crypto industry keeps growing. The firm represents six new trusts. They are Chainlink, Tezos, Basic Attention Token, Filecoin, Decentraland (MANA), and Livepeer.

Grayscale Investments now offers nine different cryptocurrency-based trusts. In January, the company decided to suspend its XRP Trust. According to Grayscale’s newly assigned CEO Michael Sonnenshein, customers have been interested in altcoin funds. He mentioned that the altcoins own great potential.

The inclusion of these currencies doesn't mean Grayscale are launching them but make reservation filings.

Related: BlackRock Enters BTC Futures Market

BTC Trust and Ether Trust are the most popular products of the company.

Grayscale keeps adding more Bitcoin. On January 22, it traded another 3500 BTC valued $118 M. Then the CEO of the firm informed the community that GBTC raised $1,276,147,151.

The organization is the leading crypto asset manager in the world. It manages more than $25 billion worth of assets across its products. MicroStrategy also published about another Bitcoin acquisition. The establishment added 314 BTC worth $10 M, thus making the total BTC fund go up to 70,784 bitcoins.

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