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Yuma launched a diversified fund focused on the Bittensor ecosystem. The strategy combines TAO with exposure to multiple AI subnets. The fund targets institutional and accredited investors. The new vehicle combines exposure to Bittensor’s native TAO token with a portfolio of subnet assets, allowing investors to access the broader decentralized AI economy through a single managed strategy. New Fund Targets Decentralized AI Yuma, the digital asset infrastructure and investment firm owned by Digital Currency Group (DCG), announced the launch of the Yuma Total Market Fund on June 25. The vehicle is designed to provide institutional allocators and accredited investors with broad exposure to Bittensor, one of the fastest-growing decentralized artificial intelligence networks. Unlike traditional crypto investment products that focus on a single token, the new fund combines exposure to TAO, Bittensor’s native cryptocurrency, with assets linked to the network’s expanding ecosystem of application-specific subnets. The approach is intended to give investors access to multiple segments of the decentralized AI economy through a single professionally managed portfolio. Yuma also confirmed that the fund has secured seed capital from an anchor investor, although neither the investor’s identity nor the size of the commitment was disclosed. Expanding Beyond Token Exposure The launch reflects growing institutional demand for diversified exposure to blockchain-based artificial intelligence rather than concentrating solely on individual cryptocurrencies. Bittensor operates as an open-source decentralized machine-learning network that rewards contributors for providing AI models, computing power and specialized data. Its architecture currently supports 128 active subnets, representing distinct AI applications ranging from data marketplaces and cloud infrastructure to cybersecurity, fraud detection and pharmaceutical research. Collectively, those subnet assets represent an ecosystem valued at more than $900 million, according to Yuma. By combining TAO with subnet exposure, the Total Market Fund seeks to capture growth across both the protocol’s base layer and its expanding application economy. Yuma describes the strategy as an alternative to conventional AI investments concentrated in a handful of publicly traded technology companies or long-duration venture capital funds. Instead, the firm argues that decentralized AI offers investors liquid exposure to an emerging sector built around open participation and blockchain incentives. Third Product in Growing Asset Management Platform The Total Market Fund becomes the third investment strategy within Yuma Asset Management’s expanding product lineup. The firm’s existing Subnet Composite Fund provides market-cap-weighted exposure across the broader subnet ecosystem, while the Large Cap Subnet Fund focuses on the largest and most established subnet assets. The new strategy combines elements of both approaches by integrating protocol-level exposure through TAO alongside investments spanning the wider Bittensor network. The launch reflects increasing product specialization as institutional investors seek more sophisticated ways to access emerging digital asset sectors beyond Bitcoin and Ethereum. Rather than offering passive token exposure, Yuma is positioning its products as thematic investment strategies centered on decentralized artificial intelligence, an area attracting growing attention from institutional capital. Institutional Interest in Decentralized AI Accelerates The launch comes as artificial intelligence remains one of the fastest-growing investment themes across both traditional finance and digital assets. Barry Silbert, founder and chief executive of both DCG and Yuma, said the new fund is intended to provide investors with exposure to an open AI ecosystem rather than relying exclusively on a small group of centralized technology companies. AI is becoming a core portfolio allocation. But for most investors it’s limited to a few, big players Bittensor $TAO offers access to a decentralized network of AI projects@YumaGroup opens the door for investors to Bittensor and decentralized AI https://t.co/A5C8AXEDMU — Barry Silbert (@BarrySilbert) June 25, 2026 He argued that decentralized networks such as Bittensor allow developers, researchers and infrastructure providers to participate directly in AI innovation while creating new investment opportunities tied to blockchain-based incentive systems. The product also reflects broader institutional interest in tokenized infrastructure and blockchain-native investment strategies. As digital asset markets mature, fund managers are increasingly creating sector-specific portfolios targeting themes such as decentralized finance, tokenization, stablecoins and artificial intelligence instead of relying solely on broad cryptocurrency exposure. For institutional investors, the Yuma Total Market Fund represents another example of how digital asset managers are packaging blockchain infrastructure into traditional investment vehicles. Whether decentralized AI can emerge as a distinct institutional asset class will depend on continued developer adoption, subnet growth and the ability of networks such as Bittensor to compete with established AI platforms in both innovation and commercial deployment.

Hyperliquid Strategies has accumulated purchases of 600,000 HYPE tokens over the past 7 days, with a total value of approximately $40.6 million. Hyperliquid Strategies used $36 million in cash positions for this increased holding and currently holds $149.4 million in cash reserves. Hyperliquid Strategies’ current adjusted per-share net asset value (mNAV) is close to or below 1. No new shares have been issued, and this increase in holdings was completed using its own cash.

According to on-chain data monitoring, Hyperliquid Strategies, a digital asset treasury company focused on the HYPE ecosystem (NASDAQ: PURR), has accumulated 600,000 native HYPE tokens over the past 7 days, with a total value of approximately $40.6 million based on current market prices. This accumulation utilized only $36 million in cash positions, and the institution still holds a cash reserve of $149.4 million. It is reported that the institution's adjusted net asset value per share (mNAV) is currently close to or even below 1, so no new shares have been issued; this accumulation was completed entirely with its own cash.