Wall Street Firms Are Increasingly Betting on Alternative Crypto Ecosystems

Wall Street is seemingly all in on crypto, with public companies pouring trillions of dollars into digital tokens. And it’s not just Bitcoin. Public companies and hedge funds are increasingly into Ethereum, Solana and other lesser-known digital assets (collectively referred to as “altcoins”).

Publicly traded firms hold more than $100 billion in Ethereum and $10 billion in other digital currencies, and they are rapidly buying more as they diversify their portfolios into tokens that provide greater upside potential, new yield generation opportunities, and additional utility beyond store-of-value.

With more than 37 million unique cryptocurrency tokens in existence, deciphering which tokens are worth the investment is a daunting challenge, but savvy asset managers—and investors hoping to jum