Coinbase to List Bittensor's TAO Token

Coinbase to List Bittensor's TAO Token

Coinbase announced plans to list Bittensor's TAO token, potentially as early as tomorrow. This listing marks a significant step for Bittensor, a decentralized AI network.

Key Takeaways

• Coinbase will list Bittensor's TAO token, pending the fulfillment of liquidity conditions.
• TAO is the native token of Bittensor, a network rewarding nodes for contributions to AI model development.

The exchange will roll out TAO-USD trading in phases. Initially, there will be limitations on trading volume and regional availability. Full trading access will depend on sufficient liquidity, though some jurisdictions might have restrictions.

"Trading will begin on or after 9 AM PT on February 20, 2025, if liquidity conditions are met," stated Coinbase Assets on X.

TAO's price saw a 13.1% increase in the last 24 hours, placing it among the top performers in the top 100 cryptocurrencies by market capitalization.

Bittensor incentivizes participation in its decentralized infrastructure by rewarding nodes that develop and share high-performing AI models. This innovative approach to AI development leverages blockchain technology.

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