Grayscale Launches Bittensor & Sui Crypto Funds
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- Grayscale Investments expands crypto offerings with new Bittensor (TAO) and Sui (SUI) funds.
- Bittensor Trust invests in TAO, powering decentralized AI development.
- Sui Trust focuses on SUI, the native token of a high-performance smart contract blockchain.
Grayscale Investments, an asset manager popular for its single-asset crypto funds, has expanded its offerings with two new trusts: the Grayscale Bittensor Trust and the Grayscale Sui Trust. Designed to meet the growing demand for diversified crypto exposure, these funds are available to eligible accredited investors through private placement.
The Grayscale Bittensor Trust is solely invested in TAO, the native token of the Bittensor protocol, a decentralized AI platform that utilizes tokens to incentivize the development of open-source AI projects. Grayscale believes this trust will play a major role in the growth of decentralized AI.
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