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s4mmy· 2025-11-05 18:28
Cryptocurrency & Decentralized AI - The cryptocurrency community is considering significant investment in $TAO [1] - The community member suggests accumulating 100 TAO tokens before the end of Q1 [1] - The industry anticipates 2026 as a pivotal year for Decentralized AI [1] - Bittensor is positioned as a leader in the Decentralized AI space [1]
Deutsche Digital Assets and Safello to List Staked Bittensor ETP on SIX Swiss Exchange
Yahoo Finance· 2025-10-29 09:28
Core Insights - Deutsche Digital Assets plans to list an ETP for Bittensor (TAO), a cryptocurrency associated with decentralized AI, in collaboration with Safello [1] - The Safello Bittensor Staked TAO ETP will be traded on the SIX Swiss Exchange under the ticker STAO [1] - The product is physically backed by TAO tokens in cold storage, with returns based on TAO's price movements and staking rewards [2] Investment Product Details - The ETP will have a maximum fee of 1.49% and will automatically reinvest staking rewards into the fund [2] - It tracks the Kaiko Safello Staked Bittensor Index (KSSTAO) [5] Market Interest - There is increasing interest in Bittensor, a decentralized network for AI that incentivizes contributions of data and computing power for various tasks [3] - Bittensor is recognized for its potential in reshaping value creation through the convergence of decentralized technology and AI [5] Competitive Landscape - Yuma Asset Management, founded by Barry Silbert, has already launched an asset management approach to the Bittensor ecosystem, targeting wealthy investors [4] - In July, U.K. exchange Archax announced its agreement to acquire Deutsche Digital Assets [6]
NextGen Digital Platforms Inc. Reiterates its Strategic Plan to Build Long-Term Value by Bridging Traditional Capital Markets with Web3 Infrastructure
Globenewswire· 2025-09-29 11:30
Core Insights - NextGen Digital Platforms Inc. is expanding its business into the digital asset ecosystem and implementing a cryptocurrency treasury management strategy, receiving approval from shareholders and the Canadian Securities Exchange [2][3] - The company has purchased 444 TAO tokens from the Bittensor network and staked them, marking a significant step in its strategy to connect traditional capital markets with decentralized AI and digital networks [3][4] - NextGen aims to integrate with the Bittensor network, deploy validator nodes, and develop AI-focused subnets for applications like natural language processing and predictive analytics [4][6] Strategic Initiatives - The company plans to manage a crypto treasury program, acquiring digital assets such as Bitcoin, Ethereum, and TAO to support its operational strategy rather than as passive investments [5][6] - NextGen's strategy emphasizes maximizing asset utilization across hardware, software, and digital networks, positioning itself at the intersection of AI, blockchain, and Web3 infrastructure [6][7] - The expansion into Digital Asset Infrastructure Operations aligns with the company's technical capabilities and long-term vision for scalable growth [3][4] Business Model - NextGen operates a diversified portfolio of Web3 technologies, blockchain infrastructure, and digital assets, focusing on innovative financial structures that align with decentralized finance [7][8] - The company is committed to transparency, regulatory compliance, and shareholder value creation while establishing a scalable revenue stream through its infrastructure-driven initiatives [7][8]
NextGen Digital Platforms Inc. Purchases 444 TAO Tokens and Stakes with Top-Ranked Validator RoundTable21
Globenewswire· 2025-09-26 11:30
Core Insights - NextGen Digital Platforms Inc. has purchased 444 TAO tokens for approximately USD$134,177, averaging USD$302 per token, and has staked them with RoundTable21, a top validator in the Bittensor network [1][2][3] Strategic Significance for NextGen - The transaction is a significant step in NextGen's strategy to integrate traditional capital markets with decentralized AI and digital networks, generating real-time, recurring revenue while enhancing the Bittensor ecosystem's security and performance [2][4] - By staking TAO tokens, the company diversifies its revenue streams and positions itself for expansion into validator operations and AI-driven opportunities within the Bittensor network [7] Corporate Changes - Alexander Tjiang has resigned from the Board but will continue to support the company as an independent advisor, reflecting a transition in leadership while maintaining continuity in advisory support [4][5] Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on Web3 technologies, blockchain infrastructure, and digital assets, committed to developing innovative financial structures that prioritize transparency and regulatory compliance [5]