Binance today listed Bitso Token (TAO) on a Japanese exchange. Supporters are calling it the “Bitcoin of artificial intelligence” (AI).
initiative TAO will now be able to trade not only Bitcoin (BTC) but also Japanese Yen (JPY). As a result, the total number of tokens available on Binance Japan is now 65.
TAO is the native currency of the Bittensor network, which supports a decentralized market for artificial intelligence (AI). This allows machine learning models to collaborate, train, and compete, and rewards participants with tokens.
It has been called the “Bitcoin of AI” because it seeks to decentralize the development of artificial intelligence in the same way that Bitcoin decentralized money. We use the limited supply TAO inspired by BTC to reward people who contribute to the network.
Binance Japan is different from other companies in the world in that it has a small number of listed cryptocurrencies. that TAO’s integration into the platform is viewed with enthusiasm within that ecosystem.
«This is more than just a list. “This is institutional liquidity in the G7 countries,” commented the enthusiast, who calls himself Andy TT.
“Japan, one of the most regulated major markets, is just opening the door to distributed machine intelligence,” he said. “The ownership class continues to expand,” he added.
Following this news, TAO’s price has increased by 5% in the past 24 hours to $284 at the time of publication.
As reported by CriptoNoticias, this comes as cryptocurrencies are on track for a recovery by 2026. However, there is still a lot of uncertainty about how that will continue this year.
(Tag Translation) Altcoin
