Grayscale Institute Primers: The Fundamentals

A companion series to Grayscale Institute’s five-class course on the fundamentals of investing in digital assets.

About the Institute

Learn from Crypto Natives

The Grayscale Institute has a clear mission: Educate both new and experienced investors on the intricacies of investing in digital assets. As a pioneer with a decade-plus track record in digital asset investing, we believe that sharing knowledge is essential to advancing the discovery, understanding, and demystification of this rapidly evolving asset class.

  • Blockchain Role in the AI Buildout is Expanding Quickly

    The worlds of blockchain and artificial intelligence are becoming increasingly intertwined, with several well-known projects—including Bittensor, NEAR, and World—playing more prominent roles in the development of AI services, blockchain-based agentic commerce, and proof of personhood. But there’s a lot more going on beneath the surface. We have identified three specific projects currently…

  • Bringing Rigor to Crypto Asset Valuations

    Bitcoin is a digital commodity and a decentralized alternative to fiat currencies. It is often described as “digital gold” and, in our view, should be valued that way. But many other crypto assets can be valued with cash flows. At Grayscale, we believe that rigorous fundamental valuation will play a…

  • Compute Stocks Slide, But Demand for Compute Is Poised to Stay

    AI compute infrastructure stocks have taken a beating recently as investors fretted about rising borrowing costs against the companies’ high financing needs. An index of these equities—which includes CoreWeave and Nebius—has lost roughly 27% of its value since the end of September.1 Most of these companies are early stage, capital-intensive…

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