AI-Focused Crypto Assets Gain Spotlight in Latest Grayscale Report

Key Points

1. Bittensor (TAO) leads AI crypto platforms with a market cap of $3.8B, followed by NEAR at $3.5B, reflecting a shift toward AI-focused roles.

2. Render Network (RENDER), Fetch.ai (FET), and Worldcoin (WLD) are among the top AI-focused crypto assets, highlighting AI's broad utility in blockchain.

3. Smaller projects like Grass, io.net, and Venice.ai demonstrate decentralized networks' role in supporting AI deployment in user-facing services and backends.

4. Consumer-facing AI projects, such as Story Protocol (VIRTUAL) and Theta Network (THETA), are also represented in the report, even at lower market caps.

5. The report categorizes AI crypto assets by function, market size, and utility, emphasizing the growing institutional interest in AI-blockchain convergence.