Grayscale Investments, the most prominent digital asset management firm in the world, is reportedly gearing up to launch five new single-asset trust funds to hold a myriad of varying cryptocurrencies. The five digital assets filed by the company with the corporation registry of Delaware last December 18th are Decentraland (MANA), Basic Attention Token (BAT), Chainlink (LINK), Tezos (XTZ), and Livepeer (LPT).
Notably, the filings were actually filed by Delaware Trust Company, Grayscale’s current statutory trust via the firm’s documentation for the US State, and not the investment firm itself. With that being said, it is also worth noting that these new trusts aren’t certain to launch. This is evidenced by the Filecoin (FIL) trust of Grayscale, which is yet to be made public despite having been established last year’s October.
According to Grayscale, the company is always on the look for opportunities to supply products in which its investors are happy to have. From time to time, it would make reservation filings just so that it could be prepared when it does decide to bring the specific product to the current market. These new five filings could be just that.
Nonetheless, many believe that the filings offer significant insight into the foreseeable future of Grayscale’s products.