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
BTC breaks through $96,000
Russian Brokerage Finam to Launch Investment Products Tied to BlackRock's Bitcoin ETF
Global Crypto Fraud Amount May Exceed 10 Billion USD in 2024
Trump's tariffs to be delayed, likely to start on April 1
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)