Grayscale has filed Form 10 for the BitTensor (TAO) Trust, potentially paving the way for increased institutional access to the token. The filing introduces SEC reporting requirements, which could enhance transparency for institutional investors. Meanwhile, the price of TAO remains stable at approximately $425.
The BitTensor network has expanded to 129 AI subnets, driving increased demand for staking and validation within the TAO marketplace. This growth, coupled with active developer contributions, is bolstering on-chain activity and supporting the baseline demand for the token.
Grayscale Files Form 10 for BitTensor Trust Amid Stable TAO Price
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