By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • Business
  • Technology
  • Real Estate
  • Lifestyle
  • Sport
  • Travel
  • Explained
  • Rankings
  • Opinion
Search
Countries
More Topics
  • Explained
Site Links
  • Newsletter
  • Terms
  • About Us
  • Advertise with us
  • Contact Us
© 2023 Gulf Press. All Rights Reserved.
Reading: Grayscale launches decentralized AI fund for AI crypto protocols
Share
Notification Show More
Latest News
What Is Inflation? Meaning
Explained
How to Build Good Habits That Actually Stick (Backed by Science)
Lifestyle
Top 10 Cheapest Countries to Travel to in 2026
Top 10 Cheapest Countries to Travel to in 2026
Rankings
Best Cities to Visit in the World in 2026
Rankings
Recession Explained: What Happens During an Economic Downturn
Explained
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • Business
  • Technology
  • Real Estate
  • Lifestyle
  • Sport
  • Travel
  • Explained
  • Rankings
  • Opinion
Search
  • Home
  • Gulf News
  • Business
  • Technology
  • Real Estate
  • Lifestyle
  • Sport
  • Travel
  • Explained
  • Rankings
  • Opinion
Have an existing account? Sign In
Follow US
  • Terms
  • About Us
  • Advertise with us
  • Contact Us
© 2023 Gulf Press. All Rights Reserved.
Home » Grayscale launches decentralized AI fund for AI crypto protocols
Gulf News

Grayscale launches decentralized AI fund for AI crypto protocols

News Room
Last updated: 2024/07/18 at 12:42 AM
News Room
Share
4 Min Read
SHARE

Grayscale Investments recently launched a new Decentralized AI Fund targeted towards accredited investors looking to capitalize on the growth of AI within the crypto ecosystem. The fund will focus on AI crypto protocols such as Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR), offering exposure to decentralized AI services, protocols solving AI-related issues, and essential AI infrastructure. The fund will rebalance quarterly and aims to leverage blockchain’s principles of decentralization, accessibility, and transparency.

As of July 16, 2024, the Grayscale Decentralized AI Fund comprised various assets with specific weightings. Grayscale’s Head of Product & Research, Rayhaneh Sharif-Askary, stated that the rise of disruptive technologies has created compelling opportunities for investors since the company’s inception in 2013. They believe that the launch of the Decentralized AI Fund provides an opportunity to invest in Decentralized AI at its earliest phase and that blockchain-based AI protocols can help mitigate the risks emerging alongside the proliferation of AI technology.

In addition to the Decentralized AI Fund, Grayscale launched the Dynamic Income Fund (GDIF) in May, targeting millionaire investors with a net worth of at least $2.2 million. The GDIF is a proof-of-stake investment fund that aims to leverage the expanding proof-of-stake token ecosystem by implementing dynamic strategies to optimize returns. The fund’s main goal is to capitalize on the staking rewards generated by proof-of-stake digital assets, providing investors with exposure to this growing sector of the crypto market.

Overall, Grayscale Investments continues to expand its offerings to cater to the evolving needs of investors in the crypto space. The launch of the Decentralized AI Fund and the Dynamic Income Fund demonstrates the company’s commitment to providing innovative and diverse investment opportunities for accredited and millionaire investors. By targeting emerging sectors within the crypto ecosystem, Grayscale aims to stay at the forefront of the industry and offer investors access to potentially high-growth opportunities in decentralized AI and proof-of-stake assets.

Investors interested in gaining exposure to the AI sector within the crypto ecosystem may consider the Grayscale Decentralized AI Fund as a way to invest in blockchain-based AI protocols. With a focus on decentralization, accessibility, and transparency, the fund offers a unique opportunity to capitalize on the intersection of AI and blockchain technologies. By rebalancing quarterly and targeting key areas of AI development, the fund provides investors with a diversified portfolio of AI crypto protocols, enabling them to participate in the growth potential of this innovative sector.

In conclusion, the launch of the Grayscale Decentralized AI Fund and the Dynamic Income Fund by Grayscale Investments underscores the company’s commitment to providing investors with access to emerging sectors within the crypto market. With a focus on AI crypto protocols and proof-of-stake assets, these funds offer accredited and millionaire investors the opportunity to capitalize on disruptive technologies and evolving trends in the blockchain space. As the crypto market continues to evolve, Grayscale remains at the forefront of innovation, offering diverse investment opportunities for investors looking to participate in the growth of decentralized AI and proof-of-stake assets.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room July 18, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Trade Balance Rebounds to ¥224 Billion Surplus Following Sharp Drop in Imports
Next Article Saudi Crown Prince and Macron discuss Gaza and Ukraine over the phone
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

What Is Inflation? Meaning
Explained May 21, 2026
How to Build Good Habits That Actually Stick (Backed by Science)
Lifestyle May 21, 2026
Top 10 Cheapest Countries to Travel to in 2026
Top 10 Cheapest Countries to Travel to in 2026
Rankings May 21, 2026
Best Cities to Visit in the World in 2026
Rankings May 21, 2026

You Might also Like

Gulf NewsQatar

Qatar participates in 49th session of IFAD’s Governing Council

May 20, 2026
Oman

Oman participates in regular session of Arab Permanent Information Committee in Kuwait

May 20, 2026
Gulf NewsQatar

Turkish President receives credentials of Qatari Ambassador

May 20, 2026
Gulf News

Hungary’s Tisza Party breaks ranks with EPP to shake ‘puppet’ label

May 20, 2026
BusinessKuwait

Kuwait participates in Al-Ula Emerging Markets Economies Conference 2026

May 20, 2026
Gulf NewsSport

HH the Amir Sword Festival, Showjumping Championship kick off Wednesday

May 20, 2026
Gulf NewsUAE

Pam Golding Properties expands global footprint with Dubai office launch

May 19, 2026
Gulf News

HM the Sultan accepts credentials of ambassadors

February 10, 2026
//

GulfPress is a modern Gulf media platform delivering trusted news, business insights, technology updates, real estate trends, travel stories, explainers, and rankings from across the GCC and the Middle East.

Quick Link

  • About Us
  • Editorial Policy
  • Corrections Policy
  • Advertise with us
  • Contact Us
  • Privacy Policy
  • Terms of use

How Topics

  • Gulf News
  • Real Estate
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?