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DCG Subsidiary Yuma Taps TradeBlock Founders to Lead Growth in Decentralized AI on Bittensor
Yahoo Financeยท 2025-10-07 13:00
Core Insights - Yuma, a subsidiary of Digital Currency Group (DCG), has appointed Greg Schvey and Jeff Schvey as COO and CTO, respectively, marking a significant expansion for the company [1][2] Company Developments - The Schvey brothers are recognized for co-founding TradeBlock and Axoni, both of which have been acquired by DCG and the London Stock Exchange Group, respectively [3] - Yuma aims to enhance its operations across the Bittensor network, focusing on validator, mining, and subnet accelerator initiatives, while also preparing to launch an asset management division [2][5] - The company has onboarded eight institutional validator partners, including BitGo, Copper, and Crypto.com, and has supported the launch of eight subnets this year [5] Leadership Impact - Barry Silbert, founder and CEO of Yuma and DCG, emphasized that the Schvey brothers' leadership will be crucial for Yuma as it advances in decentralized AI [4]