Grayscale's parent company DCG establishes subsidiary Yuma, focusing on Bittensor ecosystem development

BlockBeats News, November 21st, Grayscale's parent company Digital Currency Group (DCG) announced the establishment of a new subsidiary, Yuma, focusing on the development of the Bittensor (TAO) ecosystem. DCG Founder and CEO Barry Silbert will also serve as the CEO of Yuma. Yuma will provide funding, technology, and operational support for ecosystem developers. Silbert stated that the developmental trajectory and potential of decentralized AI reminded him of the early days of the Internet, and he believes that Bittensor will change the world through open intelligent access. The company has officially launched its website.