According to Golden Finance, xTAO announced today that it has received final approval and will be listed on the TSX Venture Exchange (TSXV) in Canada on July 23, with the stock code XTAO. U. Meanwhile, the company has completed a $22.8 million financing round, with investors including well-known digital asset venture capital firms such as DCG, Animoca Brands, Arca, Borderless Capital, and FalconX.
XTAO was founded by Karia Samaroo, former CEO and Chairman of WonderFi, a Canadian cryptocurrency exchange. The company's core goal is to promote the Bittensor ecosystem by developing data, computing, and machine learning models. Bittensor is regarded as the "Bitcoin of AI" and is a decentralized AI platform that allows users to earn TAO token rewards by contributing their intelligence.