RCS - Sundae Bar PLC - Update on TAO Strategies Partnership

Sundae BarAnnouncement

30/06/2025 07:00

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RNS Number : 8634O  Sundae Bar PLC  30 June 2025

30 June 2025

Sundae Bar Plc

 

('sundae_bar' or 'the Company')

sundae_bar Delivers Strong Early Returns as TAO Strategies Partnership Generates Over $75K Monthly Run Rate in First Week

Sundae Bar Plc (AIM: SBAR), the unified marketplace for AI agents, today
announces early results from its strategic partnership with TAO Strategies
Ltd.

The Company's marketing approach through the Bittensor network is currently
generating over τ9* TAO daily, equating to a monthly run rate of over $75,000
USD in subnet emissions within the first week of deployment. TAO is
Bittensor's native cryptocurrency, and with current TAO valuations at
approximately $340.00* this performance-based marketing strategy is delivering
attractive returns intended to drive supply-side marketplace growth and
premium AI developer acquisition.

Bittensor has temporarily paused new subnet registrations to increase the
quality of technologies being built on the platform. Coupled with TAO
maintaining a $3+ billion market cap* and daily trading volumes often
exceeding $100 million*, this has enabled sundae_bar to secure a valuable
position in the rapidly expanding decentralized AI ecosystem that rewards
innovation.

Alongside the TAO Strategies partnership and following the Board's adoption of
a Bitcoin Treasury Management Policy on June 23, 2025, the Company has
positioned itself strategically in the digital asset space. This approach
reflects the Board's belief that digital assets can serve as an effective
store of value and inflation hedge, while remaining focused on executing its
core business plan as an AI marketplace platform connecting developers with
businesses.

Jill Kenney, CEO of sundae_bar notes: "These early results validate our thesis
that innovative marketing strategies can directly support our core marketplace
growth. Our partnership with TAO Strategies and our Bitcoin treasury policy
reflect our commitment to prudent financial innovation while maintaining
operational focus on building the leading AI Agent marketplace."

With continued technical advancements to the sundae_bar platform, including
the launch of sundae_bar's first native Agent next week, the Company remains
on track for its platform version 1.0 launch in Q3 2025. The new agent allows
users to describe tasks in natural language and receive curated agent results,
marking the beginning of an internal agent layer for the platform.

The Company continues to monitor the performance of this initiative against
traditional marketing channels and maintains flexibility to adjust the
approach based on market conditions.

*Data sourced from TOA Stats: taostats.io/subnets/121/chart and correct as 29
June 2025 at 2pm London Time

 

For further information please contact:

 

 Sundae Bar Plc            Jill Kenney                            +44 (0) 20 3004 9512
 Yellow Jersey PR Limited  Charles Goodwin & Annabelle Wills      +44 (0) 20 3004 9512

 (Financial PR)

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About sundae_bar:
Following its successful AIM admission in June 2025, sundae_bar operates a
live beta marketplace at sundaebar.ai featuring AI agents across critical
business functions including HR automation, cryptocurrency trading, and
marketing operations.

The platform emerged from the strategic merger of Ora Technology PLC and
Kondor AI PLC, combining enterprise-grade marketplace infrastructure with
proven AI expertise and an established community of 60,000+ users.

For more information, visit: sundaebar.ai

About TAO Strategies Ltd:

TAO Strategies leverages the power of decentralized AI through innovative
programs on the Bittensor network. The company creates performance-based
marketing reward mechanisms that incentivize high-quality participation across
diverse digital ecosystems.

For more information, visit: taostrategies.ai

About Bittensor:
Bittensor is an open-source network that creates a global marketplace for
machine-learning models and compute resources. Participants earn rewards in
proportion to the value of the intelligence they contribute, fostering a
merit-based environment that accelerates AI research and innovation.

For more information, visit: bittensor.com

 

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