TechFlow news, October 10 — According to The Block, Yuma, a subsidiary of Digital Currency Group (DCG), announced on October 9 the establishment of an asset management division backed by a $10 million investment from DCG. The new division will launch two flagship funds: the Yuma Subnet Composite Fund, which invests in all active subnets weighted by market capitalization, and the Yuma Large Subnet Fund, focusing on larger-scale subnets.
Yuma focuses on scaling the decentralized AI network Bittensor (TAO), which enables collaborative machine learning and AI model development through blockchain technology. Since its founding in November 2024, Yuma has validated over 120 subnets and provided capital support to 15 subnet operators.
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