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TAO Synergies raised $11M in a private deal to boost its TAO token holdings and staking revenue.
TAO Synergies Inc. (TAOX) announced a $11 million private placement on October 13, 2025, raising funds through the sale of 11,000 shares of Series E convertible preferred stock and five-year warrants, priced at $1,000 per share and $8.00 per share conversion price.
Backed by existing investor James Altucher and new investor DCG, the financing supports strategic investments in Bittensor’s TAO token.
The deal, expected to close October 15, 2025, is exempt from SEC registration and will allow resale after filing registration statements.
TAO Synergies, the first public company focused solely on the TAO token and decentralized AI, plans to grow its TAO holdings and generate revenue through staking.
TAO Synergies recaudó $11M en un acuerdo privado para impulsar sus tenencias de tokens TAO y recaudar ingresos.