TAO Synergies Welcomes Top Bittensor (TAO) Leader as Advisor for AI-Focused Crypto Treasury Strategy
TAO Synergies (NASDAQ:TAOX), a digital asset treasury company focused on Bittensor (TAO), has appointed Joseph Jacks as an advisor to its digital asset treasury strategy. Jacks, CEO of Latent Holdings and founder of OSS Capital, brings significant expertise in the Bittensor ecosystem, where he has led major investments including a $10.5 million Series A funding round for Manifold Labs.
As the co-founder of Latent Holdings, Jacks oversees key Bittensor subnet operations and infrastructure. Through OSS Capital, he has directed over 40 investment rounds totaling more than $200 million in funding. The appointment aims to enhance TAOX's strategy beyond token staking to include active ecosystem contributions for increased TAO revenue generation.
TAO Synergies (NASDAQ:TAOX), società che gestisce tesoreria in asset digitali con focus su Bittensor (TAO), ha nominato Joseph Jacks consulente per la strategia di tesoreria in asset digitali. Jacks, CEO di Latent Holdings e fondatore di OSS Capital, porta una profonda esperienza nell'ecosistema Bittensor, avendo guidato investimenti rilevanti tra cui un round di Serie A da 10,5 milioni di dollari per Manifold Labs.
In qualità di cofondatore di Latent Holdings, Jacks supervisiona operazioni e infrastrutture di subnet chiave di Bittensor. Tramite OSS Capital ha diretto oltre 40 round di investimento per un totale superiore a 200 milioni di dollari. La nomina mira a potenziare la strategia di TAOX oltre il semplice staking di token, includendo contributi attivi all'ecosistema per aumentare le entrate in TAO.
TAO Synergies (NASDAQ:TAOX), una compañía de tesorería en activos digitales centrada en Bittensor (TAO), ha nombrado a Joseph Jacks como asesor de su estrategia de tesorería en activos digitales. Jacks, CEO de Latent Holdings y fundador de OSS Capital, aporta una amplia experiencia en el ecosistema Bittensor, habiendo encabezado inversiones importantes, incluido un round de Serie A de 10,5 millones de dólares para Manifold Labs.
Como cofundador de Latent Holdings, Jacks dirige operaciones e infraestructura de subredes clave de Bittensor. A través de OSS Capital ha liderado más de 40 rondas de inversión por un total superior a 200 millones de dólares. El nombramiento busca reforzar la estrategia de TAOX más allá del simple staking de tokens, incorporando contribuciones activas al ecosistema para incrementar los ingresos en TAO.
TAO Synergies (NASDAQ:TAOX), Bittensor(TAO)에 중점을 둔 디지털 자산 재무 회사가 디지털 자산 재무 전략 자문으로 Joseph Jacks를 임명했습니다. Latent Holdings의 CEO이자 OSS Capital의 창립자인 Jacks는 Bittensor 생태계에서 풍부한 전문성을 보유하고 있으며, Manifold Labs에 대한 1,050만 달러 규모의 시리즈 A 투자를 포함한 주요 투자를 주도했습니다.
Latent Holdings의 공동창업자로서 Jacks는 Bittensor의 주요 서브넷 운영 및 인프라를 총괄합니다. OSS Capital을 통해 총 2억 달러가 넘는 40회 이상의 투자 라운드를 이끌어왔습니다. 이번 임명은 단순한 토큰 스테이킹을 넘어 생태계에 적극적으로 기여해 TAO 수익을 증대하려는 TAOX의 전략을 강화하는 것을 목표로 합니다.
TAO Synergies (NASDAQ:TAOX), une société de trésorerie d'actifs numériques centrée sur Bittensor (TAO), a nommé Joseph Jacks conseiller pour sa stratégie de trésorerie en actifs numériques. Jacks, PDG de Latent Holdings et fondateur d'OSS Capital, apporte une vaste expertise dans l'écosystème Bittensor, ayant dirigé des investissements majeurs, dont un tour de Série A de 10,5 millions de dollars pour Manifold Labs.
En tant que cofondateur de Latent Holdings, Jacks supervise des opérations et infrastructures de sous-réseaux clés de Bittensor. Via OSS Capital, il a piloté plus de 40 levées de fonds totalisant plus de 200 millions de dollars. Cette nomination vise à renforcer la stratégie de TAOX au-delà du simple staking de tokens, en incluant des contributions actives à l'écosystème pour accroître les revenus en TAO.
TAO Synergies (NASDAQ:TAOX), ein Unternehmen für digitale Asset-Treasury mit Schwerpunkt auf Bittensor (TAO), hat Joseph Jacks als Berater für seine Treasury-Strategie für digitale Assets berufen. Jacks, CEO von Latent Holdings und Gründer von OSS Capital, bringt umfangreiche Expertise im Bittensor-Ökosystem mit und hat bedeutende Investments geleitet, darunter eine 10,5 Millionen US-Dollar Series-A-Finanzierung für Manifold Labs.
Als Co-Gründer von Latent Holdings beaufsichtigt Jacks zentrale Subnet-Operationen und Infrastruktur von Bittensor. Über OSS Capital hat er mehr als 40 Finanzierungsrunden mit insgesamt über 200 Millionen US-Dollar geführt. Die Ernennung zielt darauf ab, TAOXs Strategie über reines Token-Staking hinaus zu erweitern und aktive Beiträge zum Ökosystem zur Steigerung der TAO-Einnahmen einzubeziehen.
- Strategic appointment of Joseph Jacks, a leading Bittensor ecosystem expert and influential investor
- Access to deep expertise in open-source development and DeAI through Jacks' leadership at Latent Holdings
- Potential for enhanced TAO revenue generation beyond basic token staking
- Connection to significant investment capabilities through OSS Capital's $200M+ funding experience
- Heavy reliance on a single advisor for strategic direction
- Exposure to volatile cryptocurrency market conditions
- Concentration risk in single cryptocurrency (TAO) strategy
Insights
TAO Synergies bringing on Joseph Jacks enhances its strategic positioning in the Bittensor ecosystem, though actual treasury impact remains to be seen.
TAO Synergies has made a strategic move by appointing Joseph Jacks as an advisor to their digital asset treasury strategy. This is significant because Jacks brings exceptional credentials as co-founder/CEO of Latent Holdings, which stewards critical open-source infrastructure for Bittensor, and operates two key subnets within the ecosystem.
What makes this particularly noteworthy is Jacks' dual expertise in both open-source development and venture capital through OSS Capital, where he's directed over
Reading between the lines, this appointment signals TAO Synergies' intention to move beyond passive token holding and staking. Jacks' statement that the company aims to "actively contribute to the Bittensor ecosystem in ways that will generate even more TAO revenue beyond simply staking tokens" suggests a more sophisticated strategy that could include subnet development, infrastructure contributions, or strategic investments within the Bittensor ecosystem.
For TAO Synergies—positioned as "the first and largest pure-play public TAO treasury company"—this advisory relationship could provide competitive advantages through privileged ecosystem insights and potential early access to promising projects. However, the material impact on treasury performance remains speculative at this stage, as no specific initiatives or quantifiable benefits are outlined in the announcement.
Joseph Jacks to support Company's TAO pure-play treasury initiatives
TAO treasury strategy anchored at intersection of decentralized AI and cryptocurrencies
"Joseph is an early pioneer in open-source development—the key force behind decentralized AI," said James Altucher, leader of the Company's digital asset treasury strategy. "His deep expertise and vision for Bittensor have made the network one of the most dynamic and transparent open-source AI projects. In turn, Bittensor's native token, TAO, has emerged as the highest-valued AI cryptocurrency. We are honored to welcome Joe as an advisor for our digital asset treasury strategy."
Joseph Jacks is the co-founder and CEO of blockchain services company Latent Holdings, the leading Bittensor lab responsible for stewarding most of the open-source toolchain and infrastructure key subnet code repositories for Bittensor. Latent also operates subnets #14, TAOHash, and #5, Hone, in the Bittensor ecosystem.
In 2018, Jacks founded OSS Capital, the world's first and only venture capital firm dedicated exclusively to early-stage COSS (commercial open source) startups. With OSS he led a
Mr. Jacks added, "I'm excited to collaborate with the first and largest pure-play public TAO treasury company. TAO Synergies' crypto strategy is not just about acquiring and staking tokens to generate yield — it's also about actively contributing to the Bittensor ecosystem in ways that will generate even more TAO revenue beyond simply staking tokens."
About TAO Synergies
TAO Synergies Inc. is the first pure-play public company focused on the convergence between cryptocurrency and artificial intelligence. The Company's differentiated cryptocurrency treasury strategy is centered exclusively on the acquisition of TAO, the native cryptocurrency of Bittensor, a decentralized blockchain network for machine learning and AI. TAO Synergies Inc. seeks to stake TAO for revenue generation and capital appreciation, a strategy that underscores its mission to create significant value for shareholders. Further information is available at taosynergies.com.
Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Such forward-looking statements are subject to risks and uncertainties and other influences, many of which the Company has no control over. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. These and other factors are identified and described in more detail in the Company's filings with the Securities and Exchange Commission. The Company does not undertake to update these forward-looking statements.
Contact
800-811-5591
ir@taosynergies.com
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SOURCE TAO Synergies Inc.
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