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Bittensor launches TAO token on Solana and opens Grayscale Trust for accredited investors

Market News
09 May 2026
Crypto Briefing
View Source
Bullish
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Bittensor has launched a canonical version of its TAO token on Solana via Wormhole, enabling native trading on Solana's DeFi platforms like Jupiter and Meteora. This move increases TAO's accessibility and liquidity, with the token price rising 3.55% shortly after the announcement. Additionally, Grayscale has opened its Bittensor Trust for private placements, providing accredited investors a traditional investment route into TAO. Together, these developments aim to attract both retail and institutional investors, expanding TAO's market presence and liquidity.

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