Pioneer AI Foundry (Cboe CA: JPEG) Updates Stake in TAO Alpha Amid Convertible Loan Deal

Fri 20 Jun 25, 05:17 AM |

Highlights

Pioneer AI Foundry Inc. (Cboe CA: JPEG) is a Canadian-based, publicly traded venture builder focused on the development of agentic AI at the intersection of artificial intelligence and decentralized finance. The Company operates under the oversight of Canadian securities regulators and is listed on the Cboe Canada exchange under the ticker JPEG. Through its subsidiary, Kora AI Pte Ltd, Pioneer develops platforms for automated digital asset trading and treasury management.

The company has provided an update on its investment in TAO Alpha PLC, a company listed on the London Stock Exchange (LSE: TAO), reaffirming its strategic focus on agentic artificial intelligence (AI) applications within the decentralized finance (DeFi) sector.

Pioneer currently holds approximately 5.59% of TAO Alpha’s outstanding ordinary shares. This equity stake originated from early-stage development services provided by Pioneer in exchange for ordinary shares, in line with the company’s venture model, which combines technical contributions with long-term equity positions in emerging AI-driven platforms.

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