- Deutsche Digital Assets has partnered with Safello to introduce a new exchange-traded product for Bittensor.
- The Safello Bittensor Staked TAO ETP delivers regulated exposure to Bittensor’s TAO token and includes staking rewards.
- Safello’s crypto ETP will trade on the SIX Swiss Exchange, one of Europe’s leading venues for crypto ETPs.
German digital asset manager Deutsche Digital Assets (DDA) and Nordic cryptocurrency broker Safello have launched the Safello Bittensor Staked TAO ETP, offering regulated, straightforward access to Bittensor’s native token with an integrated staking feature.
The product arrives amid a growing wave of digital asset investment vehicles across markets, following a trend that includes major launches such as institutional Bitcoin ETPs. Bittensor itself has gained attention as a prominent decentralized artificial intelligence project, and its token TAO has drawn interest whenever developments in AI—driven by companies like Nvidia, Microsoft and Meta—capture headlines.
Staked Bittensor ETP lists on SIX Swiss Exchange
Frankfurt-based Deutsche Digital Assets, a pioneer in crypto exchange-traded products since 2017, announced the new ETP on October 29, 2025. Developed in collaboration with Safello, the offering brings a physically backed Bittensor ETP to a growing investor market.
The ETP follows the Kaiko Safello Staked Bittensor Index (KSSTAO) and is domiciled in Liechtenstein. It will trade on the SIX Swiss Exchange under the ticker STAO (ISIN: DE000A4APQY4), enabling investors to buy and sell during regular market hours.
Custody is provided by regulated custodian BitGo Europe GmbH, with all TAO holdings kept in cold storage. The ETP holds 100% physical TAO reserves to match its exposure.
What it means for investors
The Safello Bittensor Staked TAO ETP offers investors combined returns from TAO’s price performance and staking yields. Staking rewards are automatically reinvested into the product’s net asset value (NAV), creating an accumulating income profile that compounds over time.
With a total expense ratio (TER) of 1.49%, the ETP aims to be a cost-competitive option for investors seeking diversification into AI-driven blockchain assets through a regulated instrument.
Maximilian Lautenschläger, CEO and founder of Deutsche Digital Assets, highlighted the strategic benefits of the collaboration, noting their white-label ETP platform enables partners to bring compliant crypto investment solutions to market efficiently.
Unlocking decentralized AI
Bittensor’s TAO token powers a peer-to-peer network that incentivizes collaborative machine learning. Participants contribute data, models and computing resources to solve tasks such as image recognition, fraud detection and protein structure prediction, earning TAO rewards within a proof-of-stake framework.
Trading around $425 at the time of announcement, Bittensor has established a significant market presence. With a market capitalization that has reached several billion dollars, the project illustrates the intersection of blockchain and AI and positions TAO as a potential high-growth asset within the evolving digital economy.
Emelie Moritz, CEO of Safello, described the ETP as a way to make decentralized AI accessible to a broader investor base through a regulated, transparent vehicle, reflecting Safello’s confidence in the convergence of decentralized technologies and artificial intelligence.
On Oct. 29, Bittensor’s price reached approximately $457, while its all-time high remains $767, set in April 2024.