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Safello Quietly Amasses TAO: Nordic Crypto Giant Makes $114K Bet on Decentralized AI

  • Safello, a major cryptocurrency exchange in the Nordics, acquired 229 TAO in 48 hours, increasing its bet on the decentralized AI network Bittensor.
  • Safello now holds nearly 700 TAO, 8 BTC, and 75 ETH in its crypto treasury, reflecting a total worth of over $1.4 million boosted by TAO's recent price surge.
  • The move signifies a broader institutional shift towards AI-native crypto assets, following similar strategies by companies like MicroStrategy and Galaxy Digital.
  • Safello's accumulation of TAO showcases a long-term perspective on the asset's potential within the AI and decentralization space, positioning the exchange as a pioneer in holding decentralized AI assets.

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