Grayscale Launches AI Crypto Sector as Sixth Largest Asset Class
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Grayscale has launched the Artificial Intelligence Crypto Sector, marking it as the sixth largest classification in its crypto asset portfolio. This new sector encompasses crypto protocols with AI as the core use case, featuring 20 tokens with a combined market value of approximately $21 billion, a significant increase from $4.5 billion in Q1 2023. The sector is divided into AI platforms, tools and resources, and applications and agents, with some tokens being reclassified from other sectors. Grayscale highlights the growing importance of decentralized AI technology in the crypto industry, offering investment opportunities through the Grayscale Bittensor Trust and Decentralized AI Fund.
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