• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Institutional Interest Grows in Bittensor Network

user avatar

by Kofi Adjeman

7 hours ago


Bittensor is witnessing a notable rise in institutional interest, signaling a shift in the perception of decentralized AI networks. According to the official information, this trend is underscored by the launch of subnet-focused funds by several firms and Grayscale's expansion of brokerage access for GTAO.

Institutional Investment in Bittensor

Three public companies, including TAO Synergies, have emerged as significant holders of TAO treasuries, reflecting a growing commitment from institutional investors towards the Bittensor ecosystem. This development suggests that major players are beginning to recognize the potential of Bittensor in the rapidly evolving landscape of decentralized artificial intelligence.

Future Prospects for Bittensor

While specific dollar allocations and details regarding government funding remain undisclosed, the increasing activity in the Bittensor space indicates a broader acceptance and interest in its innovative approach. As institutional players continue to explore opportunities within this ecosystem, the future of Bittensor looks promising.

As Bittensor experiences a surge in institutional interest, it is also preparing for its first halving event, which is expected to significantly impact the network's economic landscape. For more details, see halving impact.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Fusaka Upgrade Set to Enhance Ethereum's Scalability

chest

The upcoming Fusaka upgrade aims to enhance Ethereum's scalability by expanding throughput, reducing rollup transaction costs, and strengthening its modular architecture.

user avatarSatoshi Nakamura

Michael Saylor's Strategy Acquires 10,624 BTC Amid Market Fear

chest

Michael Saylor's Strategy has acquired 10,624 BTC worth $963 million, reinforcing its position as the largest corporate holder of Bitcoin amid rising market fears.

user avatarJesper Sørensen

Russia's Ban on Roblox Sparks National Debate

chest

The recent ban on Roblox in Russia has sparked a national debate over censorship and child safety, with widespread criticism from parents and children.

user avatarRajesh Kumar

Protests Erupt in Tomsk Against Roblox Ban

chest

Dozens of Russians protested in Tomsk against the ban on Roblox, marking a rare public dissent.

user avatarLucas Weissmann

Whales Accumulate SOL Amid Price Retreat

chest

Whales have been buying SOL during its recent price dip, acquiring over $14 million worth in just three days.

user avatarEmily Carter

Mantle MNT Achieves Significant Growth Amidst Market Challenges

chest

Mantle MNT has shown impressive performance, reaching its all-time high and maintaining a strong position in the cryptocurrency market despite overall negative sentiment.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.