Grayscale Bets Big on AI With the Launch of AI Crypto Sector
Grayscale Investments, a leading name in digital asset management, has taken a step into the future of blockchain by unveiling a new Artificial Intelligence (AI) Crypto Sector within its proprietary Crypto Sectors framework.
In a blog post yesterday, Grayscale’s research team shared why they took this step, citing the rapid growth in the AI-themed area of crypto. In the previous two years, the market value of this vertical has jumped from $4.5 billion in Q1 2023 to $21 billion, which means it grew by a massive 366.66%.
The new AI sector comprises 20 tokens, each contributing to the development or deployment of AI-powered crypto solutions. Some of them include Bittensor (TAO), Render (RENDER), Worldcoin (WLD), Story Protocol (IP),…
