Grayscale has updated its list of assets under consideration, adding HYPE, STX, VIRTUAL, and others.

Grayscale Expands Product Candidate List, AI and DeFi Lead the Additions

Digital asset investment platform Grayscale has updated its list of product candidates, spanning six crypto sectors. New additions are particularly concentrated in the AI and finance categories.

The AI sector saw the most new candidates, with nine projects added: Fabric Protocol, Flock, Grass, Kaito, Kite AI, Nous Research, Poseidon, Venice, and Virtuals Protocol. They join Bittensor, Livepeer, Near, Render, and Story under consideration. On the finance side, seven DeFi projects have entered the candidate pool: Ethena, Hyperliquid, Jupiter, Kamino Finance, Maple Finance, Morpho, and Pendle. They complement existing products like Aave, Aerodrome, Curve, Ondo, and Uniswap.

Six new projects were added to the smart contract platform category: Celo, Mantle, MegaETH, Monad, Toncoin, and Tron, with Canton Network also included. The utilities sector added DoubleZero, Geodnet, Helium, Jito, LayerZero, and Wormhole. Grayscale's current product suite already covers major assets like BTC, ETH, SOL, XRP, AVAX, BNB, and ADA. The candidate list doesn't guarantee product launches. Grayscale said it will update the list within 15 days after each quarter ends.