DCG-backed Yuma launches Bittensor fund for institutional TAO and AI subnet exposure
CoinTelegraph •
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Promote with Leviathan NewsYuma launched the Yuma Total Market Fund, giving institutions one vehicle for TAO plus a basket of Bittensor AI subnet tokens instead of forcing them to pick individual subnet winners. The fund has seed capital from an undisclosed anchor investor, and the pitch lands as TAO products move up the stack: Grayscale holds TAO in its decentralized AI fund, Bitwise has filed a TAO Strategy ETF, and Grayscale wants to convert its Bittensor Trust into a spot TAO ETF. The valuation story is messy: Yuma says Bittensor’s 128 subnets represent more than $900M in combined value, while Taostats puts the number closer to $300M.
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