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RNS Number : 9655H Tiger Royalties and Investments PLC 09 May 2025
09 May 2025
Tiger Royalties and Investments Plc
('Tiger' or 'the Company')
Tiger Signs Letter of Intent for £250,000 Equity Investment in Tao Strategies Singapore
Tiger Royalties and Investments Plc (AIM: TIG), an investment vehicle focused
on incubating technology and mining projects, is pleased to announce its
strategic entry into the fast-emerging decentralised AI space via Tao
Strategies Singapore ("Tao Strategies"). As a cornerstone investor, Tiger has
signed a Letter of Intent ("LOI") to invest £250,000 in Tao Strategies, a
dedicated operator of miner and validator nodes and subnodes on the Bittensor
network .
Bittensor is an open-source, proof-of-stake blockchain that creates a global
marketplace for machine-learning models, whilst participants earn TAO tokens,
related to the worth of the intelligence they provide. Tiger has a strategy
("TAO Strategy") which will see the Company building a diversified portfolio
across the Bittensor landscape, and its investment in Tao Strategies marks its
first investment in this evolving space. The Directors believe that the
partnership with Tao Strategies has the potential to position Tiger at the
forefront of the democratisation of intelligence, redefining how intelligence
is created and exchanged.
Key Highlights
● £250,000 Initial Commitment: The LOI provides an immediate
injection of capital to accelerate Tao Strategies', subnode deployment and
research and development on cutting-edge AI models.
● Alignment with Tiger's Investment AI and Crypto Thesis: By
supporting infrastructure that democratises access to frontier AI, Tiger aims
to capture long-term value while promoting an open, incentive-driven future
for AI development, via its TAO Strategy.
Jonathan Bixby, Chief Executive Officer of Tiger commented: "Our TAO
Strategy represents a perfect convergence of our expertise in utility tokens,
emerging technologies and our vision for AI-driven innovation. Bittensor
represents a generational shift, an open, borderless network where anyone can
contribute to and benefit from advances in artificial intelligence.
"Our partnership with Tao Strategies Singapore positions Tiger at the ground
floor of a decentralised-AI paradigm we believe will redefine how intelligence
is created and exchanged."
Olivia Edwards, Founder of Tao Strategies Singapore, said: "Tiger's support
will help us scale validator and miner operations quickly, ensuring greater
resilience and performance for the Bittensor network.
"Together, we're advancing a future in which AI development is distributed
among many participants rather than concentrated in a single entity."
A copy of this announcement is available at the Company's website
www.tiger-rf.com (http://www.tiger-rf.com/)
GLOSSARY:
"Nodes"
participants in the Bittensor network
"Miners"
producers of digital commodities
"Validator Nodes"
evaluators of the quality of work of the miners
"Subnodes"
supporters of the main nodes
For further information please contact:
Tiger Royalties and Investments Plc Jonathan Bixby +44 (0) 20 7581 4477
Beaumont Cornish (Nomad) Roland Cornish & Felicity Geidt +44 (0) 20 7628 3369
Fortified Securities Guy Wheatley +44 (0) 7493 989014
(Broker) Email: guy.wheatley@fortifiedsecurities.com
(mailto:guy.wheatley@fortifiedsecurities.com)
Novum Securities Jon Belliss +44 (0) 20 7399 9425
(Broker)
Yellow Jersey PR Charles Goodwin & Annabelle Wills +44 (0) 20 3004 9512
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.
This announcement contains inside information for the purposes of Article 7 of
Regulation 2014/596/EU as it forms part of the UK law pursuant to the
European Union (Withdrawal) Act 2018
Notes to Editor
Tiger Royalties and Investments Plc (AIM: TIG) is an investment vehicle
focused on incubating technology projects. Following the acquisition of Bixby
Technology Inc. in early 2025, the Company will focus on identifying
technology enterprises to invest in and incubate by providing incubation
services and strategic guidance to technology entrepreneurs whilst continuing
in its existing investing policy of identifying and investing in the global
natural resources sector.
Bixby Technology Inc. will be focused on targeting new fast-growth technology
products and projects, these may include equity, securities, meme coins and
other form of beneficial interests or digital assets.
For more information, please visit: https://www.tigerinvests.com
(https://www.tigerinvests.com/)
About Bittensor
Often described as the "Bitcoin of AI," Bittensor is an open-source, proof-of-stake blockchain that creates a global marketplace for machine-learning models and compute. Participants earn TAO tokens in proportion to the usefulness of the intelligence they provide, fostering a merit-based, permissionless environment for AI research and deployment.
About Tao Strategies Singapore
Tao Strategies Singapore intends to operate validator and miner nodes on the Bittensor network, providing critical infrastructure that secures the chain and facilitates the exchange of AI models. The company's mission is to accelerate the decentralisation of intelligence by lowering barriers to participation and maximising network performance.
About Tiger Royalties and Investments Plc
Tiger Royalties and Investments Plc (AIM: TIG) is an investment vehicle focused on incubating technology projects. Following the acquisition of Bixby Technology Inc. in early 2025, the Company will focus on identifying technology enterprises to invest in and incubate by providing incubation services and strategic guidance to technology entrepreneurs whilst continuing in its existing investing policy of identifying and investing in the global natural resources sector. Bixby Technology Inc. will be focused on targeting new fast-growth technology products and projects, these may include equity, securities, meme coins and other forms of beneficial interests or digital assets.
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