xTAO announces holding approximately $16 million worth of TAO tokens, making it the largest holder among publicly traded companies

By: theblockbeats.news|2025/07/31 08:22:22

BlockBeats News, July 31st, according to TheBlock's report, xTAO, a listed company focusing on Bittensor, announced holding 41,538 TAO tokens, worth approximately $16 million, becoming the largest holder among publicly listed companies.

xTAO was officially listed on the TSX Venture Exchange (TSXV) in Toronto, Canada on July 23rd, with the stock code XTAO.U. Concurrently with the listing, xTAO also completed a $22.8 million private placement financing round, with investors including several digital asset venture capital firms such as Digital Currency Group (DCG), Animoca Brands, Arca, Borderless Capital, and FalconX.

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When American giants collectively "defect" from Chinese AI models