
Grayscale Investments' Decentralized AI fund, aimed at giving accredited investors exposure to the convergence of artificial intelligence (AI) and crypto, is now open.
The fund holds a diversified basket of tokens from decentralised-AI and blockchain projects, including Opentensor Foundation's $TAO, NEAR Protocol's NEAR, Story's $IP, Render Network Foundation's $RENDER, Filecoin Foundation's $FIL, and The Graph's $GRT.
The vehicle is structured as a private placement (only for accredited investors) and aims to capitalize on the growing momentum in decentralized-AI protocols.
TAO Synergies Inc. shared that it has increased its holdings of Opentensor Foundation's $TAO tokens to 54,058 tokens, through acquisition and staking. By doing so, the company claims to have become the largest publicly-traded pure-play holder of $TAO. This move emphasizes the company’s mission to provide regulated public-market access to the decentralized-AI sector and to capture long-term value from Bittensor’s ecosystem growth.
Last week, I reported that the company had raised $11M in a private placement, backed by investors including DCG and James Altucher, and that capital has not yet been deployed.
Flora Growth (FLGC) has completed a second acquisition of 0G Labs' $0G tokens, as a part of its broader strategy to become the first publicly listed 0G treasury. This second purchase involves 880,025 $0G tokens.
Flora Growth, soon to rebrand as ZeroStack, is making a huge shift - from a cannabis company to an AI investment one. A month ago, it announced a $401M deal to back 0G Labs, thus pushing Zero Gravity's valuation to $3B.
CleanSpark, the fifth-largest Bitcoin mining company by market capitalization, announced its expansion into the AI datacenter infrastructure market. The company aims to leverage its existing expertise in power management and large-scale computing (from its mining operations) to build high-performance computing (HPC) and AI-centric facilities.
The move is framed as a diversification away from solely BTC mining, in response to growing demand for AI-ready datacenter capacity, and a way to create new revenue streams and future-proof the business.
Coinbase has urged the U.S. Department of the Treasury to modernize anti-money-laundering (AML) regulations to better incorporate artificial intelligence (AI), blockchain analytics, and decentralized identity (DiD) verification tools. The company submitted formal feedback to the Treasury’s Request for Comment on “Innovative Methods to Detect Illicit Activity Involving Digital Assets”, highlighting that traditional AML frameworks are falling behind in addressing new threats emerging from digital asset flows.
Coinbase’s proposed reforms include:
Establishing a safe-harbor under the Bank Secrecy Act (BSA) allowing regulated entities to use AI for real-time monitoring and suspicious-activity detection under defined governance.
Issuing guidance for APIs supporting AML compliance technologies that link monitoring systems, blockchain analytics and sanctions data-sets in real time.
Recognizing decentralized identity systems (including zero-knowledge proofs) as acceptable verification methods, and expanding the “reliance” framework so regulated entities can share verified digital identities.
Giving formal regulatory recognition to blockchain analytics and “Know Your Transaction” (KYT) screening as valid risk-based tools for ongoing AML oversight.
Phala published a walk-through on how to deploy an ERC-8004 agent running in a Trusted Execution Environment (TEE) on Phala Cloud’s “VibeVM”.
As you remember, ERC-8004 is a new Ethereum standard for registering and discovering trustless agents. By combining it with TEE execution (which provides attestation and secure key derivation), developers can build agents whose runtime, origin, and integrity are provable.
ERC-8004 + TEEs offers a practical pathway to “trustless agents” with deterministic keys, attested execution, and on-chain identity, i.e., an upgrade over traditional agent deployments that rely only on signatures.
And since I mentioned ERC-8004, the Ethereum Foundation's dAI team is hosting a second community call on the topic tomorrow, October 22nd. If you're interested in meeting builders, contributors, and curious minds exploring the future of verifiable, trustless agents, don't hesitate to join.
Thank you for reading! The next edition is coming tomorrow!
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I'm looking forward to connecting with fellow Crypto x AI enthusiasts, so don't hesitate to reach out to me on social media.
Disclaimer: None of this should or could be considered financial advice. You should not take my words for granted, rather, do your own research (DYOR) and share your thoughts to create a fruitful discussion.
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Albena Kostova-Nikolova
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