Grayscale Considers Aptos (APT), Arbitrum (ARB), and 32 Other Altcoins for New Institutional Products

Crypto asset management giant Grayscale has released a list of altcoins that it says it's considering for new institutional products.

Crypto asset management giant Grayscale has unveiled a list of altcoins that are being considered for new institutional products.

In a blog post, Grayscale names 35 “assets under consideration” or digital assets not currently included in its products but identified by the firm as possible candidates for inclusion in a future product.

Says Grayscale,

“As a leading crypto-focused asset manager, introducing investors to a diverse array of investible digital assets is an important part of our mission.

Accordingly, we're excited to share this list of assets under consideration for inclusion for future Grayscale investment products, along with an up-to-date list of assets that are already part of our product family.”

Included in Grayscale's list are smart contract platforms Aptos (APT), Arbitrum (ARB), Celestia (TIA), Cosmos (ATOM) and Toncoin (TON).

Classified as “consumer culture,” Grayscale lists Dogecoin (DOGE) along with Web3 gaming platform Immutable (IMX) as potential candidates as well.

Under “utilities,” Grayscale names Worldcoin (WLD), Artificial Superintelligence Alliance (FET), Pyth (PYTH) and others.

The firm recently launched a new trust that offers investors exposure to the decentralized finance (DeFi) protocol Aave (AAVE). The new product is solely invested in Aave's native token and functions like the company's other single-asset trusts.

Grayscale also launched a new XRP Trust in September after axing a similar product in 2021.

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