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.
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Grayscale Crypto Division Divides Crypto Assets into Five Major Categories
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Strive Launches $450 Million Public Offering to Further Increase Bitcoin Holdings
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