DCG-backed Yuma launches fund offering institutional exposure to Bittensor
Yuma, backed by Digital Currency Group, launched the Yuma Total Market Fund to give institutional investors broad exposure to the Bittensor ecosystem through one vehicle. The fund combines exposure to TAO, Bittensor’s native token, and a basket of AI-focused subnets, aiming to simplify access without needing investors to pick individual subnet tokens. It launched with seed capital from an undisclosed anchor investor. Bittensor is a decentralized AI network built around specialized subnets for compute, marketplaces, identity, and other functions. Interest in the ecosystem has grown as asset managers develop more products tied to decentralized AI. Grayscale has adjusted its decentralized AI fund to include TAO, while Bitwise and Grayscale have also pursued TAO-focused ETF products. The push has been reinforced by concerns over centralized AI control, especially after US Commerce Department restrictions on Anthropic models highlighted access and national security risks.
