XTAO Inc. Begins Trading on TSX Venture Exchange

xTAO Inc., a technology company dedicated to the Bittensor decentralized AI ecosystem, announced the commencement of trading its common shares on the TSX Venture Exchange under the symbol XTAO.U, starting today. This move marks a significant step for the company based in the Cayman Islands.

Prior to the listing, xTAO raised approximately US $23 million. This was achieved through a US $22.8 million subscription-receipt financing and a private placement of 200,000 shares at US $1.00 each on July 21, 2025. These shares will have a holding period subject to approval by the TSX Venture Exchange.

The company plans to utilize the proceeds to further develop the Bittensor ecosystem by acquiring TAO. No finder's fees were involved in the private placement. The market will observe the company's progress post-listing.