Grayscale is launching a new fund focused on decentralized artificial intelligence, Grayscale Decentralized AI Fund LLC, to strengthen investment in artificial intelligence in the cryptocurrency industry.

The fund will fund three key areas: AI services, solving problems related to the use of centralized AI, and developing AI-related infrastructure.

As of today's launch, decentralized AI projects already included in the fund's basket include Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR).

Near, Filecoin, and Render are the most heavily weighted assets in the fund, respectively.

No wonder NEAR has been so popular recently! #NEARUSDT