Hedge fund DSV seeks to raise $20M for AI and crypto investments

Bahamas-based crypto hedge fund DSV is seeking to raise $20 million to expand its investments in artificial intelligence and cryptocurrency, Financial News reported. The fund, which launched in the third quarter of 2024 with the goal of outperforming Bitcoin, shifted its strategy in 2025 to focus on Bittensor (TAO). According to the report, DSV has limited the fundraising to $20 million, citing the early stage of subnet projects within the Bittensor ecosystem and their lack of liquidity.