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TAO Synergies Secures $11M Series E Funding to Bolster Bittensor Ecosystem Position

TAO Synergies Secures $11M Series E Funding to Bolster Bittensor Ecosystem Position

Published:
2025-10-14 08:54:03
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BTCCSquare news:

TAO Synergies has closed an $11 million Series E financing round, with participation from advisor James Altucher and new investor Digital Currency Group (DCG). The capital injection will fuel strategic acquisitions of Bittensor tokens and other revenue-generating opportunities within the decentralized AI ecosystem.

The deal involves 11,000 shares of Series E convertible preferred stock priced at $1,000 per share, convertible to common stock at $8 per share. Market reaction was immediate—TAO Synergies' stock surged 38.5% on the funding announcement, reflecting investor confidence in the company's Bittensor-focused strategy.

Closing is anticipated by October 2025, pending standard conditions. This financing underscores growing institutional interest in blockchain-based AI infrastructure, with DCG's participation signaling validation of TAO Synergies' market positioning.

|Square

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