$20 Trillion in Capital Heads to Paris as BitTensor Takes Center Stage

Unlike the typical hype-driven crypto expo, Fire Hustle says this gathering is designed as a high-conviction deal room for asset managers, TradFi giants, and leading crypto builders — and BitTensor (TAO) is being given its own dedicated track.

According to the YouTube video, more than 200 investors and asset managers will attend, collectively overseeing roughly $20 trillion — a figure the analyst notes is larger than the GDP of every country except the United States.

Big names are cited: including BlackRock, Franklin Templeton, Fidelity, JPMorgan, State Street, VanEck, and Société Générale on the traditional side, with Dragonfly, Pantera, Spartan, and others on the crypto VC side.

Attendance is capped at 2,500, with organizers believing “every meaningful deal in this industry happens in rooms of 50 or less people.”

Fire Hustle says last year’s edition tracked €2.4 billion in closed partnerships originating from conversations at the event, framing it as a “closing conference,” where capital allocators commit after multiple meals and side-room discussions — not onstage pitches.

The event reportedly achieved a net promoter score of 91 last year and has sold out in 2024 and 2025, with this year on the same trajectory.

The analyst argues Proof of Talk has already been pivotal for BitTensor. At last year’s conference, Digital Currency Group chairman Barry Silbert broke nearly five years of public silence to announce that his Yuma Group was launching an asset management business focused on BitTensor’s TAO tokens.

She also links that moment to subsequent institutional milestones around BitTensor, including the Grayscale ETF filing and a BitGo institutional partnership.

BitTensor co-founder Jacob Steeves delivered the keynote at that event, with the full founding team appearing publicly together for the first time.

This year, both co-founders — Steeves and Alan Chabane — are confirmed, alongside a roster the analyst describes as “all the top dogs” in the BitTensor ecosystem: founders of TaoStats, Torgon, BitMind, and Oro, Yuma CRO Evan Malanga, and Still-core Capital CIO Mark Jeffery.

Prominent non-crypto names on the speaker list include Franklin Templeton CEO Jenny Johnson and macro strategist Tom Lee, whom the analyst calls “one of the biggest crypto bulls in traditional finance” and notes has already publicly endorsed TAO.

Representatives from BlackRock, JPMorgan, State Street, Mastercard, and Swift are also said to be attending. The agenda includes a dedicated BitTensor track, rather than a single panel in a crowded protocol line-up.

Fire Hustle repeatedly cautions that predicting specific announcements is “risky business” and does not promise headline news on June 2–3. Her thesis: most of the real action will be commitments made in coffee breaks and side rooms, with resulting partnerships and products surfacing gradually over the following six months.

She frames this as the gap between “retail” which watches price and reacts to already-public headlines, and “smart money” which shows up where deals are cut. For BitTensor, the implication is that any major institutional shift — further ETF moves, custody integrations, or asset management products — is more likely to be seeded in Paris than on social media.

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