Grayscale Investments, a digital asset management firm that offers retail investors the ability to invest in crypto via listed funds, revealed on Monday it has reached $19 billion in AUM. This milestone comes just a little over a month after Grayscale announced it had more than $10 million in AUM.
12/28/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.
Total AUM: $19.0 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $XRP $ZEC pic.twitter.com/qfB5IFfMC4
— Grayscale (@Grayscale) December 28, 2020
Founded in 2013, Grayscale states it provides secure access and diversified exposure to the digital currency asset class.
“At Grayscale Investments, we believe investors deserve an established, trusted, and accountable partner that can help them navigate the gray areas of digital currency investing. That’s why we are building transparent, familiar investment products that facilitate access to this emerging asset class, and provide the springboard to invest in the new digital currency-powered ‘internet of money.’”
As previously reported, Grayscale reported at the end of September 2020 that it had approximately $5.9 billion in assets under management across its family of 10 products.