Oblong invests all $7M raised into TAO tokens; holds 21,700 staked tokens for decentralized AI exposure

TaoWeave, Inc.

Invested entire $7M from recent fundraise into TAO, the Bittensor token; now holds over 21,700 TAO actively staked.
Funds custodied with BitGo via cold storage, multi-signature wallets, and regular penetration testing.
TAO has a strict 21M token supply cap; first halving event approaching in December 2025.
Bittensor network now has nearly 130 live subnets, a 500%+ annual increase since launch.
Robert Weinstein resigned as director and Audit Committee chair; Jason Adelman appointed chair, Deborah Meredith new third member.

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