Virtune Launches Bittensor TAO ETP in Nasdaq Stockholm: AI Crypto Goes Mainstream
Swedish crypto asset manager Virtune just dropped a regulated bomb on traditional finance—launching the first-ever Bittensor TAO Exchange Traded Product on Nasdaq Stockholm.
Why This Isn't Your Average Crypto Fund
Forget speculative memecoins. TAO powers Bittensor, a decentralized network where AI models compete and collaborate. This ETP gives institutional investors direct, compliant exposure to the token fueling what many call the 'AI blockchain.' No wallet setup, no private keys—just a ticker symbol and a brokerage account.
The Regulatory Green Light
This isn't a back-alley offering. The Swedish Financial Supervisory Authority (FSA) approved the product, wrapping TAO in a familiar, regulated wrapper. It's a calculated move to pull institutional capital off the sidelines by eliminating the operational headaches of direct crypto custody.
A New Playbook for Institutional Adoption
Virtune's launch signals a clear shift. The path to mainstream crypto isn't just about Bitcoin ETFs anymore. It's about packaging the most disruptive crypto protocols—AI, DeFi, compute markets—into vehicles the old guard can understand and trust. This opens the floodgates for pension funds and asset managers who've been eyeing the space but wary of the technical friction.
The Bottom Line
Nasdaq Stockholm now hosts a bet on decentralized AI. While traditional finance debates AI stock valuations, a regulated product lets them wager on the underlying protocol's token instead. It's a masterclass in giving Wall Street what it wants—familiar structures—to buy what it needs: exposure to the next compute paradigm. The cynical take? Finance finally found a way to invest in innovation without having to understand it.
Virtune Bittensor ETP Trades via Standard Brokerage Accounts
The exchange will be listed under the short name Virtune Bittendor. Investors can trade the product using regular brokerage accounts. They do not have to operate crypto wallets or keys. According to Virtune, this arrangement increases complexity and access.
It is the 21st exchange-traded product of Virtune. The company has continuously diversified its crypto ETP in Nordic markets. Its portfolio primarily concentrates on single asset exposure in regulated environments. The Bittensor ETP adds an artificial intelligence theme to the company’s portfolio.
Bittensor is a decentralized system devoted to the evolution of AI. Contributors provide machine learning models, raw data, or computing power. The network measures these inputs based on performance. The native token in rewarding distributions within the system is TAO.
The protocol will seek to align incentives to output, which can be measured. This approach allows contributors to earn higher income as their models or data yield promising results. This framework connects financial incentives with actual network worth. Bittensor has established itself as a blockchain that facilitates open AI innovation.
Bittensor ETP Bridges Traditional Finance and Decentralized AI
Virtune reported that the ETP bridges traditional capital markets with an AI-driven blockchain. The firm defined the listing as a decentralized AI infrastructure listing with regulations. It enables investors to use Bittensor without having the token in their custody. The strategy is to combine the proven market regulations and the new technology.
After the announcement, TAO was trading down. The token was trading at $229.96 with a 2.46% loss in 24 hours. The price markings showed a decline in the intraday prices that were around $230.75. The token failed to reach these highs during the session.
The market capitalization of Bittensor was approximately $2.4 billion, decreasing by 2.44%. The total supply of TAO is 21 million TAO, which is also the maximum supply. At the time of reporting, approximately 10.51 million TAO were being circulated.
Virtune Chief Executive Officer Christopher Kock commented about the launch. He indicated that the company ended the year with its 21st product. Kock reported that ETP provides institutional and retail investors with regulated access to Bittensor. Virtune also declared its commitment to maintaining compliance and governance while expanding its exchange-traded crypto portfolio.
