Decentralized AI studio Yuma launches asset management division and secures $10 million investment

ChainCatcher news, according to CoinDesk, the asset management division Yuman Asset Management has been launched by the development studio and accelerator of Bittensor, a decentralized artificial intelligence (deAI) network founded by Barry Silbert of Digital Currency Group (DCG), providing institutional and qualified investors with convenient access to the deAI ecosystem.

Yuman Asset Management has secured a $10 million anchor investment from DCG and has launched two fund strategies for investment subnet tokens. DCG stated that the Yuma subnet composite fund aims to provide market-weighted risk exposure across all active subnets, similar to the "Nasdaq Composite Index" of subnet tokens. The Yuma large-cap subnet fund is akin to the "Dow Jones Industrial Average" of subnet tokens, aiming to provide targeted risk exposure to the largest subnets by market capitalization.