The publicly listed company xTAO focused on Bittensor announced that it holds 41,538 TAO (approximately $15.8 million), making it the largest public holder of TAO currently. xTAO is led by Karia Samaroo, founder of WonderFi, and plans to expand validator operations and build Bittensor infrastructure by staking TAO (with an annualized return of about 10%). The company went public on the Canadian TSXV Venture Exchange last week, having secured investments from DCG and Animoca Brands before the listing, raising $22.8 million. (TheBlock)

TAO-0.37%
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