PANews
PANews|Oct 15, 2025 07:46
DCG is making a comeback in the decentralized AI arena. The Bittensor ecosystem continues to heat up, with TAO rising over 50% in three days, driven by the new move of Yuma, a subsidiary of DCG. On October 9th, Yuma announced the establishment of its asset management department - Yuma Asset Management, with $10 million in anchored investments provided by DCG, and will launch two flagship funds around Bittensor's "subnet token", aiming to open up standardized entry points for institutional funds into decentralized AI networks. Yuma was founded by DCG founder Barry Silbert in 2024, focusing on supporting Bittensor's ecosystem development. Barry once referred to Bittensor as "the most exciting innovation after Bitcoin," with the goal of creating an "AI powered World Wide Web" to counter the closed systems of centralized giants such as OpenAI and Google with an open network. In Bittensor, subnets are equivalent to functional modules such as translation, fraud detection, image recognition, etc. Nodes earn TAO rewards by performing machine learning tasks. Yuma is deeply involved in its ecosystem, supporting 15 subnet teams and introducing institutions such as BitGo, Copper, and http://(Crypto. com) as verification nodes. The asset management department established this time will launch two core funds: Subnet Composite Fund: invests in all active subnet tokens weighted by market value, equivalent to the decentralized AI "NASDAQ Composite Index"; Large Cap Subnet Fund: focuses on the largest and most influential subnet tokens, similar to the "Subnet Dow Jones Index". Both funds are priced in TAO, providing institutions with systematic exposure to Bittensor. Yuma said that this move will lower the technological threshold and help mainstream funds layout early AI infrastructure assets. This also continues Barry's classic strategy of attracting institutions into new asset classes through traditional index based thinking. As early as 2013, he provided BTC exposure to traditional investors through the Bitcoin Investment Trust (later renamed GBTC), which is now being replicated in the form of an AI version of the Grayscale Trust. It is worth noting that DCG is undergoing strategic restructuring: after Genesis bankruptcy and regulatory investigations, the group urgently needs a new growth engine. Bet on Bittensor and decentralized AI, seen as Silbert's' second act '. At present, DCG has established Bittensor Trust (AUM of $14.86 million) through Grayscale, and the launch of Yuma Fund marks a shift in capital layout from passive holdings to active ecosystem building. As of mid-2025, Bittensor has expanded to 128 subnets, covering areas such as privacy learning, anti fraud, and synthetic identity. The growth of subnets has driven an increase in TAO demand, but the ecological quality and model results still need to be verified.
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