One of the largest investment companies in the crypto sector, Grayscale, has announced its new altcoin fund.
Grayscale announced that its Decentralized AI Fund, which focuses on the intersection of artificial intelligence and crypto, is now open to qualified accredited investors.
This fund targets investors seeking early access to potential opportunities that may arise at the intersection of artificial intelligence and decentralized technologies.
It was observed that the altcoins named Bittensor (TAO), NEAR, RENDER, Filecoin (FIL), The Graph (GRT), and Livepeer (LPT) were included.
"The current asset allocation of the fund is determined as follows:
TAO: %27.18
NEAR: $24.54
RENDER: %22.75
FIL (Filecoin): %17.26
GRT ( The Graph ): %8.27
LPT (Livepeer): (the specified amount is not mentioned)
The fund’s management fee has been set at 2.5% and currently manages assets worth approximately 1.05 million dollars.
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