TAO Alpha PLC (LSE:TAO), a firm specializing in decentralized AI and blockchain solutions, has successfully secured £5 million through a recent fundraising round. The capital will be directed towards expanding its developer team and scaling operational capabilities.

In addition, TAO Alpha has formed a strategic partnership with Tiger Royalties and Investments plc to oversee the Tiger Alpha subnet, which is already delivering substantial revenue. The company is also progressing with an application to list on the OTCQB market, aiming to enhance its visibility and growth potential within the US blockchain and cryptocurrency sectors.

About TAO Alpha

Founded in 2021 and headquartered in the UK, TAO Alpha operates within the entertainment industry, leveraging blockchain and decentralized AI technologies to innovate in its space.

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