Share this article
DCG Subsidiary Yuma Taps TradeBlock Founders to Lead Growth in Decentralized AI on Bittensor
Yuma has appointed veteran crypto founders Greg Schvey and Jeff Schvey as its new Chief Operating Officer and Chief Technology Officer, respectively.
Oct 7, 2025, 1:00 p.m.
What to know:
- Yuma, a DCG subsidiary, has appointed Greg and Jeff Schvey as COO and CTO to lead its next phase of growth in decentralized AI on Bittensor.
- The Schvey brothers bring over a decade of experience building institutional-grade crypto and fintech infrastructure, including ventures backed by DCG and acquired by the London Stock Exchange Group.
Yuma, a subsidiary of Digital Currency Group (DCG) focused on decentralized artificial intelligence (AI), has appointed veteran crypto founders Greg Schvey and Jeff Schvey as its new Chief Operating Officer and Chief Technology Officer, respectively, the company said in a Tuesday press release.
The hires mark a key expansion for Yuma as it scales operations across the Bittensor network, including validator, mining, and subnet accelerator initiatives, and prepares to launch an asset management division, the company said.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The Schvey brothers are best known for co-founding TradeBlock, an institutional crypto data and portfolio management platform acquired by DCG, and Axoni, a blockchain infrastructure firm serving traditional financial markets. Axoni’s largest business unit was acquired by the London Stock Exchange Group (LSEG) in 2024. DCG was an early investor in both ventures.
"Greg and Jeff are proven leaders who bring a rare blend of institutional infrastructure experience and startup grit, combined with hands-on experience in Bittensor,” said Barry Silbert, founder and CEO of Yuma and DCG, in the release. "Their leadership will be pivotal as Yuma powers the next era of decentralized AI.”
Founded in November 2024, Yuma has become one of the largest contributors to Bittensor through its subnet accelerator, validator operations, and mining efforts.
This year, it onboarded eight institutional validator partners, including BitGo, Copper, and Crypto.com, and supported the launch of eight subnets.
The addition of the Schvey brothers underscores Yuma’s ambitions to strengthen its infrastructure and expand institutional participation in decentralized AI, the firm said.
Read more: Bittensor’s Decentralized AI Studio, Yuma, Comes to University of Connecticut
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
Cascade Unveils 24/7 Neo-Brokerage Offering Perpetuals on Cryptos, U.S. Stocks
The platform will let retail traders use one margin account to trade round-the-clock perpetual markets.
Lo que debes saber:
- Cascade has introduced a 24/7 brokerage-style app for perpetual markets spanning crypto, U.S. equities and private-asset exposure.
- The firm is pitching a single, unified margin account with direct-to-bank U.S. dollar capability for deposits and withdrawals.
- The company has raised $15 million from investors including Polychain Capital, Variant and Coinbase Ventures.
Top Stories
