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TAO Synergies invests $750,000 in Yuma's strategic network fund.
TAO Synergies Inc. (NASDAQ: $TAOX) has just invested 750,000 USD into two funds of Yuma Asset Management – Yuma Subnet Composite Fund and Yuma Large Cap Subnet Fund, aiming to expand access to the subnet token ecosystem of the Bittensor network. Each fund receives 375,000 USD, providing diverse investment opportunities into active subnets and leading subnets.
As the publicly listed company holding the most TAO tokens, TAO Synergies stated that this investment aims to “increase the value of TAO through access to genuinely innovative projects.” This move aligns with the strategy of building an asset portfolio linked to decentralized AI infrastructure.
Backed by Digital Currency Group (DCG), Yuma has launched a fund to help institutional investors access subnet tokens — a new type of asset. However, experts warn that subnet tokens still carry high risks regarding liquidity, technology, and governance.