TAO Strategies transaction completes
Tiger Royalties completes £250,000 equity investment in Tao Strategies Singapore.
- Investment amount £250,000
- Bittensor ecosystem market capitalisation c.USD$3.3 billion
- Bittensor daily turnover often over USD$100 million
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Tiger Royalties and Investments Plc (AIM: TIG), an investment vehicle focused on incubating technology and mining projects, is pleased to announce that it has completed the £250,000 equity investment in Tao Strategies Singapore ("Tao Strategies") following satisfaction of all conditions precedent outlined in the Letter of Intent announced on 9 May, 2025.
The £250,000 investment secures an equity position in Tao Strategies, with the funds tobe used to scale Tao Strategies' operations with additional subnodes and advanced AI model development. With this investment complete, Tiger has created a foundation for its wider TAO Strategy within the Bittensor ecosystem, which currently maintains a market capitalisation of c.USD$3.3 billion, with a daily turnover of often over USD$100 million.
Jonathan Bixby, Chief Executive Officer of Tiger, commented: "The successful completion of this strategic investment in Tao Strategies marks another significant milestone for Tiger as we execute on our vision to build a diversified portfolio across the Bittensor landscape, and position Tiger at the forefront of the democratisation of intelligence."
Olivia Edwards, Founder of Tao Strategies Singapore, added: "With Tiger's investment now complete, we can accelerate the deployment of our validator node operations and strengthen our position in the Bittensor network.
GLOSSARY:
"Bittensor Subnet" self-contained incentivised ecosystem built on top of the Bittensor network
"Nodes" participants in the Bittensor network
"Miners" producers of digital commodities
"Validator Nodes" evaluators of the quality of work of the miners
"Subnodes" supporters of the main nodes
About Tao Strategies Singapore
About Tiger Royalties and Investments Plc
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.