xtao

ChainCatcher news, according to The Block, the publicly listed company xTAO, focused on the Bittensor ecosystem, disclosed on Wednesday that it holds 41,538 TAO tokens (currently worth about $15.8 million), making it the largest publicly traded holder in this AI crypto network.xTAO stated that it will earn approximately 10% annual yield through staking and plans to continue increasing its holdings. The company is led by former WonderFi exchange CEO Karia Samaroo and recently received an investment of 22.8 million CAD from institutions including DCG, but its stock price fell 10.24% to $1.49 on the same day.

ChainCatcher news, according to The Block, the publicly traded company focused on Bittensor, xTAO, announced today that it has received final approval to list its common shares on the Toronto Stock Exchange's Venture Exchange (TSX Venture Exchange, TSXV) in Canada. The company's stock will officially start trading on TSXV on July 23, with the stock code XTAO.U.Alongside this listing, xTAO has also completed a round of subscription receipt financing totaling $22.8 million, with investors including several digital asset venture capital firms such as Digital Currency Group (DCG), Animoca Brands, Arca, Borderless Capital, and FalconX. In May of this year, xTAO completed its initial public offering on TSXV.xTAO's primary goal is to support the development of the Bittensor ecosystem by developing high-value products such as data, computational power, and machine learning models. Its validator business will conduct quality assessments of these products and assist in connecting them with end-users and enterprise clients.