More than a decade ago, I had the privilege of working alongside the Grayscale team who had selected my first company, TradeBlock, to be the reference rate provider for what would eventually become the world's first bitcoin ETF with tens of billions under management.
I got to watch their efforts bridge institutional capital into the world's foundational digital currency in its earliest days, offering investors financial exposure to a highly technical asset, while driving critical capital to early-stage companies in the nascent bitcoin economy by virtue of asset appreciation. In the years that followed, it was clear that both groups had benefited tremendously from what Grayscale built.
With the launch of Yuma Asset Management today, we get to help bring those same benefits to Bittensor. Driving institutional capital directly into subnet tokens creates high-octane fuel to incentivize miners, validators, and operators, while offering investors financial exposure to an asset whose complexity in these early days would otherwise be out of reach.
It's a big day for Yuma. It's an even bigger day for Bittensor.
Introducing Yuma Asset Management.
We’re unlocking access to decentralized AI through Bittensor subnet tokens.
Backed by a $10 million anchor investment from DCG, Yuma Asset Management bridges investors to a new asset class.
Learn more:
yumaai.com/updates/yuma-asse…