Digital Currency Group subsidiary Yuma has announced the launch of its asset management division focused on the decentralized AI network Bittensor. The new entity received a $10 million anchor investment from DCG to establish operations.
Yuma Asset Management will debut with two flagship strategies investing in TAO subnet tokens. The Yuma Subnet Composite Fund offers market‑cap weighted exposure across all active subnets, while the Yuma Large Cap Subnet Fund concentrates on larger subnet investments. Both funds target the growing Bittensor ecosystem.
The Bittensor network operates as a decentralized, blockchain‑based platform enabling collaborative machine learning and AI model development. Specialized subnets facilitate distributed computing, with validators and miners receiving native $TAO tokens as rewards for contributing computational resources.
Founded in November 2024, Yuma currently validates over 120 subnets while mining on additional networks, according to the company. The subsidiary has provided capital to 15 subnet operators and established validator partnerships with firms including BitGo and Copper.
TradeBlock co‑founders Greg and Jeff Schvey joined Yuma's leadership team on Tuesday as chief operating officer and chief technology officer, respectively. The brothers bring extensive experience from their previous venture to support Yuma's expansion in the decentralized AI sector.
The asset management launch represents DCG's continued investment in artificial intelligence infrastructure built on blockchain technology. Yuma's focus on Bittensor subnet tokens provides investors with structured exposure to the network's validator and mining economy.
The $10 million commitment from DCG demonstrates institutional confidence in Bittensor's decentralized approach to AI development. Yuma Asset Management aims to capture value from the network's growth as more subnets launch and computational demand increases across the ecosystem.