Barry Silbert has been a visionary entrepreneur in the Bitcoin ecosystem. Now, he’s coming after Bittensor next.

‍What’s happening:‍

• Billionaire and digital asset entrepreneur Barry Silbert has launched a new company Yuma as a subsidiary of DCG to focus on backing innovative startups building new technology on the Bittensor network
  

The big idea:‍

• Yuma will be both an accelerator and an incubator for new startups and protocols being built on Bittensor
  
• Bittensor is a decentralized platform for building artificial intelligence models and machine learning technology directly onto the blockchain
  

Why it matters:‍

• Barry Silbert is the founder of DCG which is the parent company of Grayscale and has also invested in hundreds of crypto focused startups
  
• DCG was also previously was a first mover in building exposure to Bitcoin through the traditional public markets, growing the Grayscale Bitcoin Trust (NYSE: GBTC) to billions in assets under management
  

Going deeper:‍

• Grayscale also recently launched a private investment fund focused on the convergence of artificial intelligence and digital assets, of which Bittensor was one of the largest initial holdings
  

The intrigue:‍

• DCG was also one of the earliest investors into Bittensor and has been deeply involved with the network since inception

‍