Grayscale Files SEC Form 10 for TAO Trust

PANews reported on October 12th that Grayscale tweeted that it has filed Form 10 for the Grayscale Bittensor Trust (TAO), the first step toward becoming an SEC-reporting company and intended to enhance its accessibility, transparency, and regulatory status. This move means Grayscale will seek to publicly quote TAO Trust shares on the over-the-counter market, shortening the 12-month holding period for its private placement to six months, bringing it one step closer to becoming an ETP.

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