Grayscale Considers Dogecoin, Sam Altman-backed Worldcoin For Future Crypto Investment Products
Grayscale is considering 35 altcoins, including leading meme coin Dogecoin (DOGE) and Sam Altman-backed Worldcoin (WLD), as assets that could become future investment products. Grayscale’s interest in Dogecoin and Worldcoin underscores the growing institutional focus on digital assets. Dogecoin is the biggest meme coin by market capitalization and has long been supported by Elon Musk, while Worldcoin has backing from OpenAI’s Sam Altman. In an Oct. 10 blog post , the crypto asset management firm segregated the list of potential future candidates for investment products into 5 primary categories: currencies, smart contract platforms, culture, financials and utilities. Smart Contract And Layer-2 Tokens Make Up A Large Portion Of Grayscale’s List Many of the tokens considered for future investment products were those associated with smart contract platforms. Among the altcoins in this category are Aptos (APT), Arbitrum (ARB), Celestia (TIA) and Internet Computer (IC...