Grayscale's parent company DCG has established a subsidiary named Yuma, focusing on the development of the Bittensor ecosystem.

According to TechFlow news, on November 21, Grayscale's parent company, Digital Currency Group (DCG), announced the establishment of a new subsidiary called Yuma, which will focus on the development of the Bittensor (TAO) ecosystem. DCG founder and CEO Barry Silbert will also serve as the CEO of Yuma. Yuma will provide funding, technology, and operational support to ecosystem developers. Silbert stated that the trajectory and potential of decentralized AI remind him of the early days of the internet, and he believes that Bittensor will change the world through open access to intelligence. The company has officially launched its website.