Safello Boosts TAO Holdings by 40% in Two Days

Safello, the leading cryptocurrency exchange in the Nordics, has made a significant strategic move by increasing its holdings in TAO, the native token of the AI-driven Bittensor protocol. Over the course of two days, May 20 and 21, Safello acquired 229.35 TAO tokens, spending approximately €370 per token. This purchase is part of a broader trend where institutions are increasingly investing in AI-native crypto assets, following similar strategies by other major players in the industry.

Safello's current crypto treasury now includes 8 BTC, 75 ETH, and 698.36 TAO. The total value of these holdings is estimated to be around $1.4 million, significantly boosted by the recent price rally of TAO. This move reflects a long-term dollar-cost averaging (DCA) approach, indicating Safello's strong conviction in the future potential of TAO and the broader AI-driven blockchain ecosystem.

TAO is the native asset of Bittensor, a decentralized AI network where participants are rewarded for training and serving machine learning models. Unlike traditional crypto protocols, Bittensor operates as a permissionless AI economy, where token incentives align with data contribution and compute utility. This unique positioning has attracted growing interest from both retail and institutional players, with TAO's price surging nearly 40% in the past month.

Safello's accumulation of TAO is not an isolated event but part of a broader institutional trend. Other major players, such as MicroStrategy and Galaxy Digital, have also been actively diversifying their crypto holdings to include AI-native assets. This shift reflects a growing recognition of the potential of AI-driven blockchain protocols as next-gen infrastructure. Safello's move positions it among the first regulated European exchanges to actively hold a decentralized AI asset as part of its strategic reserves.

Registered with Sweden’s Finansinspektionen since 2013 and listed on the Nasdaq First North Growth Market since 2021, Safello is known for its regulatory rigor. With over 404,000 users, it offers a secure platform for crypto trading, custody, and fiat on/off ramps. Its latest treasury allocation signals that regulated institutions are now willing to diversify beyond BTC and ETH, especially when emerging narratives like AI intersect with blockchain. For now, Safello’s TAO exposure remains modest in size—but strategically significant. The exchange is not just riding market trends; it’s helping define them.