Grayscale Crypto Division Divides Crypto Assets into Five Major Categories
On October 26th, Grayscale announced that its cryptocurrency division has grouped cryptocurrencies by function from both a technical and user perspective to help investors understand the cryptocurrency field and its related developments. Based on three main criteria - how the protocol works, its use cases, and how it provides investable risk exposure - Grayscale has divided cryptocurrencies into five categories including currency, smart contract platforms, finance, consumer and culture, and utilities and services.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Election uncertainty may put market certainty on the back burner
In Friday’s Roundup, Jason Yanowitz said he doesn’t think we’ll see the markets “rip” until potentially January or even February
Cardano Founder Slams MemeCoins as ‘Valueless’
How Polkadot is transforming blockchain technology: Report
Michael Saylor Unveils MicroStrategy’s 9 Bitcoin Principles