TAO, NEAR, IP, RENDER, FIL and GRT are the first tokens included in the fund.
The TAO price has especially benefited in recent days.
Investment firm Grayscale launched a new fund focused on digital assets related to decentralized artificial intelligence (AI).
This instrument already is available for accredited investors and offers diversified exposure to protocols that operate at the intersection of cryptocurrency networks and machine learning.
The fund initially includes the native tokens of bittensor (TAO), near protocol (NEAR), story (IP), render (RNDR), filecoin (FIL) and the graph (GRT). Grayscale allocated the largest portion to TAO, with 33% of the portfoliofollowed by NEAR and IP in significant positions, as seen in the following graph.
Precisely, in the last seven days, TAO registered a 15% increase in its price. This rally coincides with the announcement of the fund and reflects growing interest in solutions that address centralized limitations in AI infrastructuresuch as data storage and graphical rendering.
Grayscale will rebalance the portfolio quarterly to prioritize protocols that solve specific AI issues, such as reliance on centralized providers for model training.
In this way, the manager follows the model of its existing funds in digital assets, with an emphasis on regulated structures that facilitate access to institutional investors without requiring direct handling of tokens.
Among its more than 20 investment products in this area, Grayscale stands out for its bitcoin spot ETFapproved in 2024 as reported by CriptoNoticias. This new fund extends that offering to emerging niches such as decentralized AI.
The integration of these assets into regulated financial vehicles could accelerate their adoption by institutions, by mitigating operational risks and providing controlled liquidity.