The decentralized finance (DeFi) ecosystem continues to change rapidly, with new actors and new approaches arriving by the day. Earlier this year, Karia Samaroo’s public firm, xTAO, disrupted that sleepy market. In doing so, they became the biggest publicly traded holder of Bittensor’s native token, TAO. xTAO’s investment of 41,538...

We think xTAO’s $16 million investment in Bittensor’s native asset TAO as a big swing. It’s a very interesting move that deserves serious consideration, particularly in an area in which decentralization is the alleged holy grail. Explanation of changes, and additional humanizing content.A Whale in a Decentralized Pond?For the uninitiated,...