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xTAO Successfully Lists on TSXV with $22.8 Million Fundraising

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by Giorgi Kostiuk

8 hours ago


xTAO Corporation, operating in the Bittensor ecosystem, has received approval for listing on the TSX Venture Exchange and completed $22.8 million in funding.

xTAO's TSXV Listing

xTAO Corporation, founded by Karia Samaroo, has received approval to list on the TSX Venture Exchange. The company's common stock, identified as XTAO.U, will be traded publicly. Karia Samaroo stated, “Our public listing and financing mark important milestones for xTAO as we execute on our mission of advancing decentralized AI.”

Institutional Backing

With the listing starting on July 23, xTAO has completed $22.8 million warrant financing, backed by notable venture capital firms such as Digital Currency Group and Animoca Brands. This financing underscores significant institutional confidence in the decentralized AI initiatives by xTAO.

Market Data and Insights

CoinMarketCap reports on July 22, 2025, that Bittensor (TAO) is trading at $420.07, with a market cap of 3.97 billion USD. Research indicates xTAO's listing may catalyze broader adoption of decentralized AI technologies.

xTAO's listing on TSXV and the $22.8 million funding reflect important steps in expanding the Bittensor ecosystem and highlight increasing interest in decentralized AI technologies.

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