2024

Bittensor

<a href="https://bitcoinworld.co.in/grayscale-launches-new-bittensor-and-sui-crypto-trusts/" title="Grayscale Launches New Bittensor And Sui Crypto Trusts" rel="noopener noreferrer nofollow"></a>
<ul>
 <li style="font-weight: 400">Grayscale Investment has launched two new crypto trusts: the Bittensor Trust and the Sui Trust.</li>
 <li style="font-weight: 400">These new offerings expand Grayscale’s portfolio, which already includes over 20 crypto investment products.</li>
 <li style="font-weight: 400">The Grayscale Bittensor Trust is focused exclusively on TAO, the native token of the Bittensor protocol.</li>
</ul>
<h3 id="span-style-font-weight-400-grayscale-unveils-new-bittensor-and-sui-trusts-span">Grayscale Unveils New Bittensor and Sui Trusts</h3>
<a href="https://bittensor.com/" rel="noopener noreferrer nofollow">Bittensor</a> is an innovative platform that uses tokens to incentivize the development and contributions to open-source AI. The Bittensor Trust offers investors exposure to TAO, supporting the growth of decentralized AI technologies.
On the other hand, the Grayscale® Sui Trust is dedicated to SUI, the token associated with the Sui protocol. Sui is a high-performance Layer 1 blockchain designed to support scalable decentralized applications on a global scale.&nbsp;
The Grayscale® Sui Trust <a href="https://x.com/Grayscale/status/1821170731478356476" rel="noopener noreferrer nofollow">offers</a> investors a way to gain exposure to the SUI token. This aligns with the growing interest in blockchain solutions that drive advanced decentralized applications.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We are proud to announce the creation of two new single-asset crypto investment funds, available through private placement: Grayscale Bittensor Trust <a href="https://twitter.com/search?q=%24TAO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$TAO</a> and Grayscale Sui Trust <a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SUI</a>.
 Available to eligible accredited investors.
 Press release: <a href="https://t.co/Xplh81KI9W" rel="noopener noreferrer nofollow">https://t.co/Xplh81KI9W</a>
 1/3 <a href="https://t.co/pGcLhcZSdD" rel="noopener noreferrer nofollow">pic.twitter.com/pGcLhcZSdD</a>
 — Grayscale (@Grayscale) <a href="https://twitter.com/Grayscale/status/1821170731478356476?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 7, 2024</a>
</blockquote>
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These new trusts reflect Grayscale’s commitment to expanding its range of investment products. This expansion responds to the evolving landscape of cryptocurrency and blockchain technology.&nbsp;
By offering dedicated investment vehicles for TAO and SUI, Grayscale aims to cater to investors seeking targeted exposure to emerging technologies in the crypto space.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Grayscale Sui Trust is focused solely on investing in <a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SUI</a>, the token underpinning the Sui protocol, a Layer 1 smart contract blockchain to enable scalable decentralized applications.
 See important disclosures, or speak to a team member: <a href="https://t.co/WgCAFA7E8L" rel="noopener noreferrer nofollow">https://t.co/WgCAFA7E8L</a>
 3/3 <a href="https://t.co/YJXYWM8tP9" rel="noopener noreferrer nofollow">pic.twitter.com/YJXYWM8tP9</a>
 — Grayscale (@Grayscale) <a href="https://twitter.com/Grayscale/status/1821170773740106199?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 7, 2024</a>
</blockquote>
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Finally, the introduction of the Grayscale® Bittensor Trust and the Grayscale® Sui Trust highlights Grayscale’s strategy to capitalize on niche opportunities within the broader crypto market.

Grayscale Launches New Bittensor And Sui Crypto Trusts

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