Allocating Capital Where Intelligence is Incentivized
DSV is the first hedge fund focused exclusively on Bittensor – the decentralized intelligence network where AI is open, permissionless, and tokenized.
Allocating Capital Where Intelligence is Incentivized
DSV is the first hedge fund focused exclusively on Bittensor – the decentralized intelligence network where AI is open, permissionless, and tokenized.
Inside DSV
Built to Outperform Bitcoin – Not Track It
DSV is a regulated digital asset fund targeting protocol-level exposure to decentralized AI.
Our benchmark is Bitcoin’s CAGR – and we aim to beat it by allocating capital into early-stage subnet ecosystems, yield strategies, and token-driven AI infrastructure.
The Bittensor Thesis: Investing In The Intelligence Layer
“What is Bittensor” is our deep dive into why Bittensor is the protocol equivalent of TCP/IP for AI and how TAO enables the monetization of machine intelligence through open networks, subnet incentives, and proof of contribution staking.
What We Invest In
Our Portfolio
We back subnet teams with the talent, traction, and technical edge to build lasting value in decentralized AI.
SN19 – NineteenAI
SN64 – Chutes
SN8 – PTN
SN51 – Celium
TauOps
The DSV Playbook
Insights & Thesis
We publish insights on the economics of Bittensor – alongside our own updates on partnerships, portfolio moves, and subnet-level developments.
Subnet Activity Tracker
Live From the Network
DSV is plugged into the intelligence layer. Here’s what’s trending, performing, and yielding this week.

Top Performing Subnets
SN42 – Chutes (12.4% validator weight)
SN19 – NineteenAI (11.6%)
SN8 – PTN (9.3%)
Yield Opportunities
Root (Subnet 0): 18.2% APY
SN64 – Celium: 117.5% APY
SN51 – DeepML: 95.3% APY
DSV Portfolio Moves
Increased allocation to SN64
Exited SN12, rotated to SN8
Timestamp: Updated: 48 hours ago
TAO Ecosystem Overview
TAO price (last 7 days)
Active Subnets: 152
New Subnets This Week: +3
“I think Bittensor is best described as the ‘World Wide Web of intelligence’ – a global connected network where anybody can contribute, connect and innovate freely.”
“While Bittensor is still in its early days, it has the potential to surpass Ethereum’s growth, fueled by the rapid expansion of Decentralized AI. DeAI has the potential to become even bigger than Bitcoin”
“AI is going to be the biggest technological disruption in history, and it’s going to happen faster than anyone expects.”
“Bittensor is not just another AI model or blockchain project – it’s a new way of thinking about intelligence itself, where knowledge is shared, innovation is permissionless and value is distributed across a decentralized network.”
“Why would any company build their own data center when they can build any AI model for 1/100 the price using the $TAO subnets?
This token seems like a no-brainer.”
“Bittensor is reshaping AI with a decentralized, blockchain-powered network where anyone can earn by contributing real machine learning work”
Explore the Fund. Join the Next Frontier
If you’re exploring asymmetric exposure to decentralized AI infrastructure, this is your window.
Book a confidential call or download our investor deck.