Grayscale Investments, the world’s largest digital asset manager, has applied for five new cryptocurrency funds. Assets are mostly in decentralized finance (DeFi).
According to a CoinDesk report, the company applied for funds for Aave (AAVE), Cosmos (ATOM) and Polkadot (DOT), as well as privacy-focused cryptocurrencies Monero (XMR) and Cardano (ADA) on January 27. As with other funds filed previously, the registrations were held by the Delaware Trust Company, Grayscale’s legal trusteeship for the US state.
As we reported last week, it turned out that Grayscale has applied for 5 new funds. However, the company pointed out that these applications do not always result in releases. Submissions show that, for now, only the groundwork is set for potential new funds. For details “Grayscale Could Launch New Fund For These 6 Altcoins” You can take a look at our news titled.