Asset manager Grayscale has identified four blockchains that are best suited to adapt to asset management in the wake of the CLARITY Act. The chain combines Ethereum and Solana with BNB Chain and Canton Network.
The Digital Asset Market Clarity Act cleared the Senate Banking Committee on a 15-9 vote on May 14. The bill will divide crypto oversight between the SEC and the CFTC, and now goes to the full Senate.
Why Grayscale Chose These CLARITY Act Beneficiaries
Ethereum (ETH) leads the segment of products with full functionality, Grayscale wrote. BNB Chain is Solana (SUN) follow in second and third places.
The same three networks are the most advanced in providing stablecoins and closed DeFi currencies, the company said.
Four chains were also part of Grayscale’s width tokenization megatrend chooses earlier this year. The company sees well-managed investments flowing into networks with deep financial resources.
These changes favor people who already have financial pipelines.
“Regulatory clarity is coming, and the rise in power will boost the digital economy exponentially.” Tracks the leading blockchains, stablecoins, and DeFi: $ETH, $SOL, $BNB, and $CC,” Grayscale he wrote in the post.
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Canton Network Takes a Different Approach
Canton Network (CC) is different from the other three. Layer-1 which focuses on privacy is mainly designed for well-managed organizations, and recently Canton Network ETF stock price history gave a presentation to the salespeople.
It now has a DTCC pilot for the US Treasury, with JP Morgan, HSBC, and Visa among its sponsors.
“Wall Street has already started. $ 350B settles every day in Canton, with more than $ 6T in real world assets and institutions such as JPMorgan and the house of DTCC that are producing,” the network. he said in the near future.
Grayscale as well known Avalanche, Base, Arbitrum, Hyperliquid, and Tron as altcoins are positioned for profit from the new frame.
The next Senate vote will test how fast the money tracks the agenda. The Senate Banking Committee vote solved the first major problem on May 14.
With 60 votes needed for passage, the bill’s passage depends on Democratic support.
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A note Grayscale Names 4 Altcoins Likely To Benefit From The CLARITY Act appeared for the first time BeInCrypto.
