Grayscale seeks to increase its assets under management with the asset manager taking a key interest in DeFi focused crypto-assets according to the latest update.
According to CoinShares’ data, Grayscale holds 75% of the total $44.3 billion worth of assets in institutional crypto investment products.

On 17th May, Grayscale revealed a list of new crypto assets that the asset management firm is considering adding to its trusts. Of the 13 crypto assets outlined, a majority are focused on decentralized finance (DeFi), a market whose demand has in recent months skyrocketed. Some of these include 1inch, Bancor, Polygon, Kyber Network and Ren.
Although it is a major step for these assets to be placed under consideration by the firm, it is no guarantee that they will be added to the trust. Grayscale is clear that not every asset under consideration will be turned into products. In the past, this was the case for Cardano, Tezos and Eos. After being listed for consideration, the firm later

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