Bittensor, a decentralized AI network, is gaining significant traction in the cryptocurrency market, highlighted by the launch of Yuman Asset Management by Yuma, a subsidiary of Digital Currency Group. This move aims to provide institutional investors with streamlined access to the decentralized AI ecosystem. Additionally, the appointment of Greg and Jeff Schvey as COO and CTO respectively, underscores Yuma's commitment to expanding its influence in the deAI space.
The Bittensor (TAO) token has seen a remarkable rally, with gains exceeding 160% over the past month, driven by increased interest in AI-related cryptocurrencies and potential investment products from Grayscale. This surge positions Bittensor as a leading contender in the AI token market, reflecting broader trends of growing interest in blockchain-based AI solutions. The market's response to these developments suggests a strong appetite for decentralized AI innovations, with Bittensor at the forefront of this emerging sector.
Bittensor (TAO): A Rising Star in Decentralized AI
October 17, 2025
1 min read
Bittensor, a decentralized AI network, is gaining significant traction in the cryptocurrency market, highlighted by the launch of Yuman Asset Management by Yuma, a subsidiary of Digital Currency Group. This move aims to provide institutional investors with streamlined access to the decentralized AI ecosystem. Additionally, the appointment of Greg and Jeff Schvey as COO and CTO respectively, underscores Yuma's commitment to expanding its influence in the deAI space.