Barry Silbert's DCG Launches Yuma to Boost $TAO Ecosystem

Nov 20, 2024, 06:11 PM

Digital Currency Group (DCG) has launched a new subsidiary named Yuma, led by DCG founder Barry Silbert, to focus on developing the decentralized AI ecosystem within the Bittensor network. Yuma, headed by Silbert in a CEO role, aims to provide startups and enterprises with the necessary resources, including capital, technical support, and operational assistance, to deploy their innovative ideas on the Bittensor blockchain. The initiative reflects a significant investment in decentralized AI, with Silbert expressing strong conviction in the potential of Bittensor and its ecosystem, particularly the $TAO token.