xTAO Announces Holding Approximately $16 Million Worth of TAO Tokens, Becoming the Largest Holder Among Publicly Listed Companies

According to a report by Jinse Finance, as cited by The Block, xTAO, a publicly listed company focused on Bittensor, has announced that it holds 41,538 TAO tokens, valued at approximately $16 million, making it the largest holder among publicly traded companies. xTAO was officially listed on the TSX Venture Exchange (TSXV) in Toronto, Canada, on July 23, under the stock symbol XTAO.U. Concurrent with its listing, xTAO also completed a subscription receipt financing round totaling $22.8 million.