The research director at Grayscale, the world’s largest crypto asset manager, breaks down 5 digital tokens other than bitcoin and ethereum that he is newly tracking

• Phil Bonello is the director of research at the $44 billion asset manager Grayscale Investments.
• Grayscale recently launched new trusts to invest in five cryptos other than bitcoin and ethereum.
• Bonello shares the risk/reward of the five digital tokens and three emerging crypto opportunities.

In the crypto world, bitcoin and ethereum are names that come up all the time. But in reality, the investable universe of digital assets stretches way beyond the two dominant tokens.

Grayscale Investments, the world’s largest crypto asset manager with over $44 billion in assets under management, broke new ground last week by launching five investment trusts to track Basic Attention Token (BAT), Chain link (LINK), Decentraland (MANA), Filecoin (FIL), and Livepeer (LPT).

While these digital assets occupy fairly niche segments of the crypto market, Grayscale launched them in part because of popular investor demand, according to Michael Sonnenshein, the firm’s CEO.