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Barry Silbert of DCG Launches Yuma Asset Management for Crypto and AI Ventures

The crypto billionaire already runs a company that boasts equity stakes in over 200 firms across more than 25 countries.

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Barry Silbert of DCG Launches Yuma Asset Management for Crypto and AI Ventures

DCG’s Barry Silbert Unveils Yuma Asset Management

Most in the crypto community know Barry Silbert as the founder of crypto venture firm Digital Currency Group (DCG), parent company of Grayscale, an investment manager with more than $37 billion in assets under management.

Silbert is also the CEO and founder of Yuma, a startup he launched in 2024 to support the Bittensor network. The 49-year-old billionaire mogul announced on Thursday that he is now launching Yuma Asset Management, a new subsidiary of Yuma, to invest in artificial intelligence (AI) projects in the Bittensor ecosystem.

Bittensor is a layer one blockchain that focuses on AI by enabling users to produce so-called “digital commodities” such as compute power, storage space, and AI training in exchange for its network token TAO.

Silbert has so much faith in Bittensor, he spun up the Grayscale Bittensor Trust last year, a fund that invests solely in TAO. Then he launched Yuma, also last year. In February 2025, Silbert’s DCG led a funding round for TaoFi, a project that offers DeFi services to Bittensor users.

And now, DCG has seeded a subsidiary of Yuma called Yuma Asset Management with $10 million to set up two venture funds that will invest in promising Bittensor AI projects. Additional capital will be sourced from institutional investors and high-net-worth individuals.

“I believe that the next big wave in crypto is going to be the convergence of AI and crypto,” Silbert told Fortune in an interview. “It is the thing that I’ve gotten most excited about since Bitcoin.”

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