Listed company xTAO holds $16 million in TAO, becoming Bittensor's largest publicly held cryptocurrency company

XTAO, a publicly traded company specializing in Bittensor, announced that it holds 41538 TAO tokens worth approximately $16 million, becoming the largest holder among publicly traded companies. XTAO is led by Karia Samaroo, who founded the cryptocurrency exchange WonderFi. Its TAO assets will be used to expand validator operations and develop Bittensor ecosystem infrastructure. By pledging TAO, xTAO earns an annualized return of approximately 10%. It is reported that Bittensor combines AI and encryption technology, and users contribute intelligence to optimize AI systems and receive TAO rewards. Last week, Bittensor ecosystem company xTAO will go public in Canada, raising $22.8 million from institutions such as DCG.