Crypto Kingpin Silbert Launches AI-Crypto Asset Manager
Barry Silbert
(Bloomberg) — Barry Silbert, one of the founding fathers of Bitcoin investing, is forging a comeback in today’s white-hot market for digital assets after a period of struggles for his Digital Currency Group Inc. enterprise.
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Silbert’s latest foray has all the buzzwords: artificial intelligence, cryptocurrency, a network for all of it to ride on and now an asset management firm that will try to gather money from brand-name investors to fuel the system.
The new firm, Yuma Asset Management, will put money toward AI infrastructure projects created by small startup teams through tokens on Bittensor, a network created several years ago for developers. Their output is rewarded…
