Key Takeaways
- • Oblong (Nasdaq: OBLG) formed an Advisory Committee and named Siam Kidd, Co-Founder and CIO of DSV Fund, as its inaugural member, according to a Business Wire press release dated August 5, 2025.
- • DSV Fund is described by the company as the world's first hedge fund exclusively dedicated to Bittensor ($TAO), and Kidd is said to bring 21 years of experience in financial markets, including M&A and hedge fund management.
- • The company cites Bittensor's subnet ecosystem as driving over 50 million daily AI inferences with a combined subnet market cap nearing $1 billion.
- • The committee will advise on Oblong's $TAO-focused treasury strategy, identify investment opportunities in Bittensor subnet development teams, and foster partnerships in decentralized AI.
- • Oblong says it is actively adding further experts in AI, blockchain, and finance to the committee; no deal values or treasury sizing were disclosed in the release.
Summary
Oblong, a Denver-based Nasdaq-listed company (OBLG), announced the formation of its Advisory Committee, with Siam Kidd appointed as the first member. The announcement, distributed via Business Wire, positions Oblong's strategy around building a cryptocurrency treasury focused on decentralized artificial intelligence and the acquisition of $TAO, the native token of the Bittensor network, a decentralized blockchain for machine learning and AI. The company also continues to provide video collaboration and network solutions built around its Mezzanine product line and managed services.
Kidd is Co-Founder and Chief Investment Officer of DSV Fund, which the release describes as the world's first hedge fund exclusively dedicated to Bittensor. The company says he has over 21 years of experience in financial markets, including M&A and hedge fund management, and characterizes his approach as disciplined and data-driven. The release also frames Bittensor as the "FTSE100 of decentralized AI" and cites a subnet ecosystem that drives more than 50 million daily AI inferences with a combined subnet market cap nearing $1 billion. These figures are company-supplied and have not been independently verified in the release.
According to the press release, the Advisory Committee will provide strategic guidance on optimizing Oblong's $TAO-focused treasury, identify high-impact investment opportunities in development teams building on Bittensor (known as subnets), and foster partnerships within the decentralized AI space. Pete Holst, CEO of Oblong, said Kidd's expertise would guide the $TAO treasury strategy and position Oblong as a premier vehicle for investors in decentralized AI. Kidd said he aims to help build a treasury strategy that captures the diverse potential of the ecosystem.
The release includes forward-looking statements and references risk factors detailed in Oblong's 10-K for the year ending December 31, 2024 and an 8-K filed June 6, 2025. Investors should note that the release discloses no capital commitment, treasury size, or compensation terms for the committee appointment.
Kidd is Co-Founder and Chief Investment Officer of DSV Fund, which the release describes as the world's first hedge fund exclusively dedicated to Bittensor. The company says he has over 21 years of experience in financial markets, including M&A and hedge fund management, and characterizes his approach as disciplined and data-driven. The release also frames Bittensor as the "FTSE100 of decentralized AI" and cites a subnet ecosystem that drives more than 50 million daily AI inferences with a combined subnet market cap nearing $1 billion. These figures are company-supplied and have not been independently verified in the release.
According to the press release, the Advisory Committee will provide strategic guidance on optimizing Oblong's $TAO-focused treasury, identify high-impact investment opportunities in development teams building on Bittensor (known as subnets), and foster partnerships within the decentralized AI space. Pete Holst, CEO of Oblong, said Kidd's expertise would guide the $TAO treasury strategy and position Oblong as a premier vehicle for investors in decentralized AI. Kidd said he aims to help build a treasury strategy that captures the diverse potential of the ecosystem.
The release includes forward-looking statements and references risk factors detailed in Oblong's 10-K for the year ending December 31, 2024 and an 8-K filed June 6, 2025. Investors should note that the release discloses no capital commitment, treasury size, or compensation terms for the committee appointment.
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