The magnate of the cryptography investment Barry Silbert is betting on the decentralized AI, calling it “the next great era of cryptography” that could be bigger than even Bitcoin.
In a letter to the shareholders of his Crypto conglomerate digital currency group, Silbert took a long time in Deai: the effort of the cryptographic industry to merge AI innovations with Blockchain technology. He believes that the technological mashup can pay better dividends for humanity than closed systems developed by Operai and other giants.
“We are going from the digital property of the active to the decentralized property of intelligence and the availability of vast decentralized computing resources,” Sibert wrote in the letter of the fourth quarter reviewed by Coindesk.
The configuration reminded Silbert to Bitcoin, the best known cryptocurrency and, however, bigger, and the one that made his cryptographic fortune. But instead of a money revolution, Deai could announce a revolution of power with cryptography as a mechanism to distribute property and governance over the powerful AI models.
DCG certainly thinks. The company has already invested $ 105 million in more than a dozen Deai projects, “and we are excited to increase this in 2025,” Silbert wrote.
He highlighted DCG investment in Bittensor, a cryptographic network that specializes in automatic learning and AI applications, such as the portfolio company closest to the “exhaust speed.” Bittensor’s Token Tao has many similarities with Bitcoin, he wrote.
In particular, Tao market capitalization is $ 2.7 billion, a rounding error against the valuation of almost $ 2 billion of Bitcoin.
DCG plans to invest powerfully in the support of the bittensor ecosystem. Silbert said that in November, he caused a company called Yuma that incubates Bittensor infrastructure projects. And Grayscale, another DCG company, now offers investment products that give exposure to Tao.
The fourth quarter of Silbert limited a year of “reconstruction” in DCG after a long period of tumult generated by the FTX implosion, which lost its loan business, Genesis. DCG is also a former Coindesk owner, who sold Bullish at the end of 2023. The five DCG wings had a successful “2024,” he said.
“The discipline required in recent years has resulted in an improved infrastructure and more mature processes, better governance and a stronger organization focused on executing our growth initiatives,” Silbert wrote.
