xTAO Corporation is set to go public on the TSX Venture Exchange, having secured a $22.8 million investment from institutions such as DCG.

BlockBeats News, July 22nd, xTAO, a publicly traded company focusing on Bittensor, announced today that it has received final approval to list its common stock on the TSX Venture Exchange (TSXV) in Canada. The company's stock will officially start trading on the TSXV on July 23rd under the ticker symbol XTAO.U.

Simultaneous with this listing, xTAO has also completed a $22.8 million USD subscription receipt financing round, with investors including various digital asset venture capital firms such as Digital Currency Group (DCG), Animoca Brands, Arca, Borderless Capital, and FalconX. In May of this year, xTAO completed its initial public listing on the TSXV.

xTAO's core objective is to support the development of the Bittensor ecosystem by creating high-value products such as data, computing power, and machine learning models. Its validation node (validator) business will assess the quality of these products and help onboard end users and corporate clients.