IN BRIEF: Tiger Royalties invests PS250,000 in Tao Strategies

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Tiger Royalties & Investments PLC - London-based technology investment company - Completes a £250,000 equity investment in Tao Strategies Singapore, with the funds to be used to scale Tao Strategies’ operations with additional subnodes and advanced artificial intelligence model development. With this investment, Tiger says it has ‘created a foundation for its wider Tao strategy within the Bittensor ecosystem’, which currently has a market capitalisation of around $3.3 billion and a daily turnover of often more than $100 million.

‘The successful completion of this strategic investment in Tao Strategies marks another significant milestone for Tiger as we execute on our vision to build a diversified portfolio across the Bittensor landscape, and position Tiger at the forefront of the democratisation of intelligence,’ says Tiger Chief Executive Officer Jonathan Bixby.

Current stock price: 0.14 pence, down 3.6% in London on Wednesday afternoon

12-month change: down 33%

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