Barry Silbert launches AI-crypto fund Yuma on Bittensor
Digital Currency Group (DCG) founder and early Bitcoin investor Barry Silbert has returned to the market with a new venture, Yuma Asset Management, a fund bridging artificial intelligence and crypto.
The fund will invest in infrastructure projects built by small developer teams using the Bittensor network.
Yuma Asset Management received initial funding of $10 million from DCG, but Barry Silbert plans to attract additional capital from private and institutional investors willing to “take risks for potentially massive returns.” According to him, the fund targets venture investors who are prepared to accept total capital loss in exchange for a chance to join the next technological wave.
Bittensor is a blockchain designed for decentralized AI networks, where developers are rewarded in the TAO token, which now has a market capitalization exceeding $3 billion. Through Grayscale, a DCG subsidiary, Silbert already manages a dedicated fund investing in TAO.
Yuma will offer two products: one modeled after Nasdaq for high-growth AI ventures, and another like the Dow Jones, focusing on more stable Bittensor subnet assets.
“I haven’t been this excited about anything since Bitcoin,” Silbert said, noting that Yuma aims to connect AI and the crypto industry.
Silbert’s renewed business activity comes amid an improving U.S. political climate for crypto under President Donald Trump’s administration. Following the 2022 crisis and legal disputes involving DCG, the company’s founder is seeking to reestablish himself as one of the key figures in the digital asset market.
Thus, Yuma Asset Management marks a new effort to merge artificial intelligence and blockchain investing - using Bittensor as core infrastructure for AI-based blockchain projects.
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