The Grayscale Decentralized AI Fund
The fund will provide accredited investors exposure to DeFi’s artificial intelligence sector.
About Grayscale Investments
Grayscale Investments, an asset management firm with $17 billion in assets, is launching a fund focused on companies at the intersection of artificial intelligence and crypto.
About the Fund
The Grayscale Decentralized AI Fund is available to accredited investors and aims to provide exposure to promising protocols within the AI and machine learning sectors.
Portfolio Composition
The fund currently consists of the following assets: Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). NEAR commands the largest share of the allocation, at 32.99%.
Investment Objectives
Grayscale will rebalance the fund on a quarterly basis, focusing on protocols that are developing decentralized AI services, protocols that are building solutions to centralized AI-related issues, and AI infrastructure.
Trends in AI-related Tokens
The confluence between AI and blockchain is a hot topic in the current market, with AI-related tokens boasting some of the largest gains over the last year. Bittensor and Near are both up over 300% in the last year, while Render and Livepeer are up over 250% in the same time period.
Frequently Asked Questions
| What is the focus of the Grayscale Decentralized AI Fund? | Provide exposure to promising protocols within the AI and machine learning sectors. |
|---|---|
| Is the fund available to the general public? | No, the fund is available only to accredited investors. |
| Will Grayscale rebalance the fund quarterly? | |
| What are some notable gains achieved by AI-related tokens over the last year? | Bittensor and Near have gained over 300%, while Render and Livepeer have gained over 250% in the same time period. |
Conclusion
The Grayscale Decentralized AI Fund aims to provide accredited investors exposure to DeFi’s artificial intelligence sector through a focus on promising protocols. With the market’s increasing confluence of AI and blockchain, this fund offers investors a unique opportunity to access this sector.
