- Grayscale now permits accredited investors to access its AI-focused crypto fund with a 2.5 percent management fee and diversified digital assets.
- The fund holds digital assets such as TAO, NEAR, RENDER, and Filecoin, supporting AI infrastructure, data storage, and decentralized services.
- Bittensor and its TAO token enable a decentralized model for global AI systems, aligning users and developers through economic incentives.
Grayscale Investments has opened its Decentralized AI Fund to eligible accredited investors, effective April 21. Previously accessible only through private placement, the fund now offers a broader entry point into the intersection of artificial intelligence and blockchain technology.
According to the company, the fund features a diversified allocation of tokens across decentralized AI infrastructure and services. Its holdings currently include TAO (27.18%), NEAR (24.54%), RENDER (22.75%), FIL (17.26%), GRT (8.27%), and LPT. The net asset value per share is $4.82, based on 218,100 shares and total assets under management of approximately $1.05 million.
Management Fee Set at 2.5%
Grayscale confirmed a 2.5 % management fee for the fund. The firm stated that shares are designed to reflect the value of the included assets after deducting fees and expenses. The fund will undergo quarterly rebalancing to maintain alignment with its investment strategy.
The Decentralized AI Fund targets three primary segments. These include decentralized AI services like chatbots and content generators, tools to address misinformation and synthetic media, and infrastructure resources supporting AI development. Grayscale noted that Render and Livepeer will support GPU computing and video streaming, while NEAR Protocol and Filecoin offer decentralized data storage capabilities.
Bitternsor and TAO Play Central Roles in Fund Structure
Bitternsor is included for its potential in building decentralized marketplaces for training AI models. Meanwhile, the fund also provides exposure to TAO, the native token of the Bittensor network. Grayscale maintains that TAO enables ecosystem incentives and decentralized governance across AI systems.
Grayscale has separately launched the Grayscale Bittensor Trust, which offers direct investment in the TAO token. The company described Bittensor as a key player in supporting open, decentralized AI systems. By leveraging economic incentives, the platform aims to replace centralized control with community-driven AI development.
