Grayscale and TAOX Join Forces as Bittensor Gears Up for Institutional Adoption

Blockbeats10-15

On October 10, Grayscale Investments submitted a Form 10 registration statement to the U.S. Securities and Exchange Commission (SEC) for the Bittensor Trust (TAO), opening the door for this AI-focused...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2575276530?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-15 11:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2575276530","market":"nz","top_or_hot":-1,"title":"Grayscale and TAOX Join Forces as Bittensor Gears Up for Institutional Adoption","media":"Blockbeats","content":"<div>\n<p>On October 10, Grayscale Investments submitted a Form 10 registration statement to the U.S. Securities and Exchange Commission (SEC) for the Bittensor Trust (TAO), opening the door for this AI-focused...</p>\n\n<a href=\"https://www.theblockbeats.info/en/news/59884\">Source Link</a>\n\n</div>\n","source":"theblockbeats_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grayscale and TAOX Join Forces as Bittensor Gears Up for Institutional Adoption</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrayscale and TAOX Join Forces as Bittensor Gears Up for Institutional Adoption\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-15 11:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theblockbeats.info/en/news/59884><strong>Blockbeats</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On October 10, Grayscale Investments submitted a Form 10 registration statement to the U.S. Securities and Exchange Commission (SEC) for the Bittensor Trust (TAO), opening the door for this AI-focused...</p>\n\n<a href=\"https://www.theblockbeats.info/en/news/59884\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4587","symbol_name":"ChatGPT概念","start_time":0,"source_url":"https://www.theblockbeats.info/en/news/59884","article_id":"2575276530","we_media_id":null,"thumbnails":[],"rights":{"source":"theblockbeats_highlight","url":"https://www.theblockbeats.info/en/news/59884","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2575276530","pubTimestamp":1760499180,"columns":[],"sourceInfo":{"source_id":"theblockbeats_highlight","name":"Blockbeats"},"weMediaInfo":null,"summary":"On October 10, Grayscale Investments submitted a Form 10 registration statement to the U.S. Securities and Exchange Commission (SEC) for the Bittensor Trust (TAO), opening the door for this AI-focused","collect":0,"end_time":0,"defaultTopTitle":"theblockbeats.info","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4587":"ChatGPT概念","TAOX":"Tao Synergies Inc.","TAO":"中国房地产指数ETF-Guggenheim","BK4528":"SaaS概念","GBTC":"比特币ETF-Grayscale","BK4588":"碎股","BK4585":"ETF&股票定投概念","AI":"C3.ai, Inc.","BK4023":"应用软件","BK4594":"比特币ETF概念","BK4139":"生物科技","ETHE":"最大以太坊ETF-Grayscale","BK4601":"加密货币现货ETF","BK4543":"AI","BK4551":"寇图资本持仓"},"translate_title":"Bittensor为机构采用做准备，灰度和TAOX联手","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ETHE":1,"GBTC":1,"BTCmain":0.65,"METHmain":0.78,"XBTmain":0.65,"AI":0.88,"TAOX":1.5,"TAO":1},"content_text":"On October 10, Grayscale Investments submitted a Form 10 registration statement to the U.S. Securities and Exchange Commission (SEC) for the Bittensor Trust (TAO), opening the door for this AI-focused cryptocurrency trust to move towards compliance and public market exposure. If approved, the private placement holding period for the trust's shares will be reduced from 12 months to 6 months, meaning early investors will have quicker access to liquidity, creating conditions for institutional fund entry.A few days later, the U.S. publicly traded company TAO Synergies Inc. (Nasdaq: TAOX) announced the completion of a $11 million private placement funding round, with investors including TAO strategic advisor James Altucher and Grayscale's parent company DCG. This news quickly bolstered market confidence—over the past week, TAO's price surged from $290 to $457, marking a gain of over 50%.Amid AI becoming one of Wall Street's strongest narratives, TAO is increasingly seen as a bridge between regulated finance and decentralized AI networks. With market sentiment high and trading activity increasing, TAO has not only become an \"AI new target\" in institutional sights but is poised to reach a new all-time high since April 2024.What Does Form 10 MeanForm 10, under Section 12(g) of the U.S. Securities Exchange Act of 1934, is a registration document known as the General Form for Registration of Securities. When a trust or fund product submits Form 10 to the SEC and it is accepted, it signifies an upgrade from a \"private placement trust\" to a \"SEC reporting company,\" requiring compliance with the same disclosure obligations as public companies—including regular submission of 10-K (annual report), 10-Q (quarterly report), and 8-K (current report). In other words, once Form 10 becomes effective, the TAO trust will be formally integrated into the U.S. mainstream securities regulatory system for the first time.Similar to Grayscale's Bitcoin Trust (GBTC) and Ethereum Trust (ETHE), the goal of the TAO Trust is to land on the OTC Markets over-the-counter trading market, allowing traditional investors to directly allocate this asset through a brokerage account. Looking back at Grayscale's path: GBTC submitted Form 10 in 2019, ETHE followed suit in 2020, and both subsequently transitioned to spot ETFs. TAO's current move is progressing along the same trajectory.For TAO, this move holds three key meanings:Shortening the liquidity cycle. The holding period has been reduced from 12 months to 6 months, meaning previously locked private placement shares can circulate more quickly in the secondary market, releasing funds for early investors and activating trading depth.Opening up regulatory access. Once effective, the Trust can list quotes on the OTC Markets over-the-counter market, allowing traditional brokerages and family offices to invest in TAO in the form of securities without direct exposure to cryptocurrency wallets or custodial services.Laying the groundwork for ETFization. Grayscale has validated the \"Form 10 → ETF\" path on BTC and ETH Trusts, with Form 10 being the starting point, paving the way for future exchange-traded products (ETPs) applications.TAO MicroStrategy Strikes AgainOn October 14, the U.S.-listed company TAO Synergies Inc. (Nasdaq code: TAOX) announced the completion of a $11 million private placement, with investors including TAO strategic advisor James Altucher and early supporter of Bittensor Digital Currency Group (DCG).The company, formerly a biotechnology firm Synaptogenix, after a strategic transformation in July this year, first purchased 29,899 TAO tokens, worth approximately $10 million. As of now, TAOX has become the largest TAO holder globally, with all its holdings in the corporate treasury, planning to stake the tokens on the Bittensor mainnet to participate in network computation and model training to earn long-term rewards. Since the transformation in July, the company's stock price has more than tripled, remaining resilient amid a widespread pullback in DAT-like companies.TAO Strategy Advisor James Altucher stated: \"This funding round further solidifies TAO Synergies' long-term strategy, which not only includes holding and managing TAO tokens but also creating opportunities for revenue generation and influence accumulation within the Bittensor ecosystem. We welcome DCG's participation—they are a leader in the crypto industry and one of the earliest supporters of Bittensor. We are confident in the future of decentralized intelligence and believe that Bittensor's network model will be a key driver of innovation and value creation in the coming years.\"On-chain data shows that Bittensor's market share in DePIN (Decentralized Physical Infrastructure) has exceeded 33%. With the acceleration of institutional funding, TAO is gradually transitioning from a mere \"AI concept coin\" to a foundational asset with real network value and a cash flow model. The market widely believes that the dual moves of TAOX and Grayscale are becoming a significant milestone in the institutionalization of the AI race track.SummaryAs Wall Street's enthusiasm for the AI narrative continues to rise, from NVIDIA to OpenAI, and now to Bittensor, this AI wave is rapidly spreading to the crypto market, with TAO emerging as a core beneficiary. With dTAO's reshaped incentive mechanism and the upcoming halving, TAO is poised to once again challenge its all-time high of $1247. After Bitcoin's golden decade, the AI narrative may become the next capital consensus, with TAO standing at the starting point of this new era.\nWelcome to join the official BlockBeats community:\nTelegram Subscription Group: https://t.me/theblockbeats\nTelegram Discussion Group: https://t.me/BlockBeats_App\nOfficial Twitter Account: https://twitter.com/BlockBeatsAsia","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2575276530","isCrawlerRequest":true}