PANews reported on October 9 that according to CoinDesk, Bittensor, a development studio and accelerator for the decentralized artificial intelligence (deAI) network founded by Barry Silbert of Digital Currency Group (DCG), has launched its asset management division, Yuman Asset Management, to provide convenient access to the deAI ecosystem for institutions and qualified investors.
Yuman Asset Management, with a $10 million anchor investment from DCG, has launched two fund strategies for investing in subnet tokens. DCG stated that the Yuma Subnet Composite Fund aims to provide market-weighted exposure across all active subnets, akin to a "Nasdaq Composite Index" for subnet tokens. The Yuma Large-Cap Subnet Fund, similar to a "Dow Jones Industrial Average" for subnet tokens, aims to provide targeted exposure to the largest subnets by market capitalization.