31. Januar 2021

Grayscale could offer Chainlink, Basic Attention Token and Tezos

Von admin

Grayscale could offer Chainlink (LINK), Basic Attention Token (BAT) and Tezos (XTZ) trusts.

The asset manager Grayscale, which has been particularly keen on cryptomoney recently, plans to extend its offer to Chainlink (LINK), Basic Attention Token (BAT) and Tezos (XTZ).

Would the giant of the cryptomoney industry like to diversify its offer, while the bull run of the altcoins has propelled some assets to new heights? This seems to be what a document from the State of Delaware, which was 1K Daily Profit unearthed by the crypto community, suggests. Grayscale seems to want to set up a trust based on the LINK, as well as others based on the BAT of Brave, the XTZ of Tezos, the MANA of Decentraland, as well as the LPT of Livepeer.

The document was registered under the name „Delaware Trust Company“ at the end of December. It is one of Grayscale’s service providers, and it was this name that had already been used to set up the asset manager’s Bitcoin trust. However, it was not until Grayscale’s confirmation that they were enthusiastic about this addition – the giant had registered a similar document concerning Filecoin (FIL) last October, but no trust had been proposed as a result.

The good year of Chainlink (LINK)

Grayscale’s possible interest in LINK is not entirely a surprise. The Altcoin had a particularly prosperous start to the year. After having entered the top 10 of the capitalisation cryptomoney market, it stole its place from a Bitcoin Cash (BCH) in a smaller form. Furthermore, the LINK has exceeded its all-time record several times, crossing the symbolic threshold of 20 dollars in mid-January. Its capitalisation is now approaching that of the Litecoin (LTC).

It should also be noted that Grayscale seems to want to choose altcoins with a solid project that goes beyond a simple payment network. Filecoin is indeed a decentralised file storage network, Decentraland is a game based on digital real estate, and BAT is used by the crypto browser Brave. The arrival of institutional investors could thus give new legitimacy to these projects.