Grayscale Bets Big on Decentralized AI with New Crypto Fund
- Grayscale Investments announces the launch of the Grayscale Decentralized AI Fund LLC.
- The fund envisions providing accredited investors with exposure to decentralized AI protocols.
- The asset manager updated the Grayscale Ethereum Mini Trust’s registration statement, lowering the fee to 0.15%.
Grayscale Investments, the world’s largest digital asset manager, has publicly launched the Grayscale Decentralized AI Fund LLC, a fund designed to give accredited investors exposure to decentralized artificial intelligence (AI) protocols.
— Grayscale (@Grayscale) July 18, 2024
Just launched: Grayscale #Decentralized #AI Fund! Available to eligible accredited investors. Holdings as of 07.16.2024 and are subject to change without notice.$NEAR $FIL $RNDR $LPT $TAO
View important disclosures or speak directly to a team member: https://t.co/gYetdms280 pic.twitter.com/h2mtLP0Vh9
The asset manager’s official announcement stated that the AI Fund will rebalance quarterly. As of July 16, 2024, the initial basket of AI crypto protocols includes Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Render (RNDR), and Near (NEAR), with Near, Filecoin, and Render comprising the maj…
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