Search results for Uma
Crypto
DCG-backed Uma launches Bittensor investment fund for institutions
Uma, backed by Digital Currency Group, has launched an institutional investment product called the Uma Total Market Fund. The fund offers exposure in one vehicle to Bittensor’s native token TAO and AI-focused subnets, allowing institutions to invest across the Bittensor ecosystem without selecting individual subnet tokens. Uma said the combined value of 128 subnets exceeds $900 million. Interest and related products tied to TAO are also expanding among asset managers.
Games & Commerce
Kakao Games stake deal completed, top shareholder changes to Line Yahoo
Kakao Games\' largest shareholder has changed from Kakao to a special purpose company backed by Japan\'s Line Yahoo, after a share sale and a third-party allocated capital increase were completed. The deal also completed the payment of 300 billion won in new funds. The new top shareholder is LAAA Investment, which holds 33.43 percent. Line Yahoo and related parties hold 38.95 percent in total, while Kakao\'s stake fell to 14.68 percent.
Games & Commerce
KakaoGames seeks turnaround with seven new titles, expands beyond mobile to PC and consoles
KakaoGames plans to pursue a turnaround with a two-track strategy of rolling out 7 new games from this year through next year while continuing to operate its existing live-service titles. Its new lineup aims to move beyond a mobile-focused structure by expanding to PC and console platforms and increasing its focus on global markets. The company also plans to sustain launch momentum on the back of stable revenue from live games and regular updates.
