Grayscale Launches Digital Asset Fund Investing in AI Tokens
Investment firm Grayscale has launched a new digital asset fund, the Grayscale Decentralized AI Fund, which invests in tokens focused on artificial intelligence (AI). The fund is open to accredited investors and aims to capture the growth of blockchain and AI protocols. It has already invested in tokens from Bittensor, Filecoin, Livepeer, Near and Render, and will rebalance its holdings every quarter. Grayscale's head of product and research, Rayhaneh Sharif-Askary, said the protocols can help mitigate risks associated with the proliferation of AI technology.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic under fire for alleged AI-fabricated citation in copyright lawsuit
Share link:In this post: Music companies claim Anthropic used AI to create a fake academic citation in court. A judge has ordered Anthropic to respond to the allegation, which it calls an unintentional error. This case is part of a larger wave of copyright lawsuits against AI firms over unauthorized use of creative content.
DeFi Just Got Real: JPMorgan Takes a Historic Leap into Blockchain Finance
PRAIUSDT now launched for futures trading and trading bots
'Pixelmon' to Launch 'Warden's Ascent' RPG and Idle Mobile Games on Avalanche—Here’s Why
Trending news
MoreCrypto prices
More
