Key Takeaways
- Grayscale’s decentralized AI fund includes major protocols like Near, Filecoin, Render, Livepeer and Bittensor.
- The fund reports a net asset value per share of $9.50 as of September 27, 2024.
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Asset manager Grayscale has launched the Grayscale Decentralized AI Fund, which offers accredited investors exposure to decentralized artificial intelligence protocols.
Grayscale Decentralized AI Fund is now open to eligible accredited investors. Get diversified exposure to the intersection of AI and crypto with fund holdings: $NEAR $RNDR $FIL $LPT $TAO.
See important disclosures or speak to a team member: https://t.co/gYetdms280 pic.twitter.com/wqoEFYL7KE
— Grayscale (@Grayscale) September 30, 2024
Previously available only through private placement, the fund now offers a diversified basket of native tokens from leading decentralized AI and blockchain projects.
The fund is rebalanced quarterly to maintain its investment objectives, with holdings distributed across five key assets: Near Protocol (29.7%), Filecoin (29.3%), Render (26.7%), Livepeer (8.7%), and Bittensor (5.4%).
The Grayscale Decentralized AI Fund focuses on three key areas: decentralized AI services, solutions to AI-related challenges, and AI infrastructure.
Render and Livepeer contribute to infrastructure, offering decentralized GPU computation and AI-enhanced video streaming, respectively. Near Protocol and Filecoin provide decentralized data storage solutions. Bittensor focuses on creating a…
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