The Grayscale Decentralized AI Fund is accessible to accredited investors, and"was designed to capture the growth of protocols at the intersection of blockchain and artificial intelligence," the company said.
The fund has initially invested in the native tokens of crypto AI protocols Bittensor , Filecoin , Livepeer , Near and Render and will rebalance its holdings quarterly. "The blockchain-based AI protocols embody the principles of decentralization, accessibility, and transparency, and the Grayscale team feels strongly that these protocols can help mitigate the fundamental risks emerging alongside the proliferation of AI technology," Rayhaneh Sharif-Askary, Grayscale’s head of product and research, said in the press release.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.
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