Stockholm, 15 May 2025 | Safello, the leading cryptocurrency exchange in the Nordics, today announces a second reallocation of its crypto treasury, further increasing exposure to TAO, the native token of the decentralized AI protocol Bittensor.

On 14 May 2025, Safello sold 1 BTC and acquired 229.2385 TAO at 402 EUR per TAO.

This follows Safello's initial TAO acquisition on 8 May and is part of a longer-term dollar cost averaging strategy. Safello's crypto treasury now consists of 8 BTC, 113 ETH, and 469,0385 TAO.

Safello sees decentralized AI as a defining shift for the next decade - one that will reshape how intelligence is created, distributed, and owned.

With this continued reallocation of its treasury, the company is aligning capital with conviction and taking deliberate steps to support open, permissionless AI infrastructure. This move is underpinned by a strong thesis that decentralized AI protocols like Bittensor will play a foundational role in the evolution of internet-scale intelligence.

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For more information, please contact
David Leeb, Chief Marketing Officer, at press@safello.com

Certified Adviser
Amudova AB is Safello's certified adviser.

Safello is the leading cryptocurrency exchange in the Nordics, with over 400,000 users. The company is empowering financial independence by making crypto accessible to everyone. Safello offers a secure and easy solution for buying, selling, storing, as well as depositing and withdrawing cryptocurrencies directly from the blockchain - ensuring seamless transactions at industry-leading speeds. Operating in Sweden, Safello has been registered as a financial institution with Finansinspektionen (Swedish Financial Supervisory Authority) since 2013 and is listed at Nasdaq First North Growth Market since 2021. For more information visit www.safello.com.