Grayscale begins selling mutual funds in the decentralized AI sector, investing in five stocks including NEAR and TAO

On April 22nd, Grayscale, a major digital asset management company, announced that it has started offering a new "Decentralized AI (Artificial Intelligence) Fund" to qualified investors. This fund focuses on the fusion of AI and virtual currency, with current assets of approximately 150 million yen and a management fee of 2.5%.

Qualified investors

For individuals, this refers to investors who meet certain conditions such as annual income of more than $200,000 or net assets of more than $1 million, and for corporations, total assets of more than $5 million.

The fund's asset allocation is NEAR (24.54%), TAO (27.18%), RENDER (22.75%), FIL (17.26%)...