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Grayscale Bets Big on Decentralized AI with New Crypto Fund


by CoinEdition
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.

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…

The post Grayscale Bets Big on Decentralized AI with New Crypto Fund appeared first on Coin Edition.

Read the article at CoinEdition

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After 48% July Gain, Can Ethereum Break Key $4K Resistance in August?

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Grayscale Bets Big on Decentralized AI with New Crypto Fund


by CoinEdition
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.

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…

The post Grayscale Bets Big on Decentralized AI with New Crypto Fund appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Tariffs and Fed Rate Cut Expectations Stir Crypto Volatility

Tariffs and Fed Rate Cut Expectations Stir Crypto Volatility

Detail: https://coincu.com/markets/tariffs-fed-rate-cut-crypto-impact/
After 48% July Gain, Can Ethereum Break Key $4K Resistance in August?

After 48% July Gain, Can Ethereum Break Key $4K Resistance in August?

Ethereum (ETH) significantly outshined Bitcoin (BTC), precious metals, bonds, top com...