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Update on TAO Strategies Partnership

30 Jun 2025 07:00

RNS Number : 8634O
Sundae Bar PLC
30 June 2025
 

30 June 2025

Sundae Bar Plc

 

('sundae_bar' or 'the Company')

sundae_bar Delivers Strong Early Returns as TAO Strategies Partnership Generates Over $75K Monthly Run Rate in First Week

Sundae Bar Plc (AIM: SBAR), the unified marketplace for AI agents, today announces early results from its strategic partnership with TAO Strategies Ltd.

The Company's marketing approach through the Bittensor network is currently generating over τ9* TAO daily, equating to a monthly run rate of over $75,000 USD in subnet emissions within the first week of deployment. TAO is Bittensor's native cryptocurrency, and with current TAO valuations at approximately $340.00* this performance-based marketing strategy is delivering attractive returns intended to drive supply-side marketplace growth and premium AI developer acquisition.

Bittensor has temporarily paused new subnet registrations to increase the quality of technologies being built on the platform. Coupled with TAO maintaining a $3+ billion market cap* and daily trading volumes often exceeding $100 million*, this has enabled sundae_bar to secure a valuable position in the rapidly expanding decentralized AI ecosystem that rewards innovation.

Alongside the TAO Strategies partnership and following the Board's adoption of a Bitcoin Treasury Management Policy on June 23, 2025, the Company has positioned itself strategically in the digital asset space. This approach reflects the Board's belief that digital assets can serve as an effective store of value and inflation hedge, while remaining focused on executing its core business plan as an AI marketplace platform connecting developers with businesses.

Jill Kenney, CEO of sundae_bar notes: "These early results validate our thesis that innovative marketing strategies can directly support our core marketplace growth. Our partnership with TAO Strategies and our Bitcoin treasury policy reflect our commitment to prudent financial innovation while maintaining operational focus on building the leading AI Agent marketplace."

With continued technical advancements to the sundae_bar platform, including the launch of sundae_bar's first native Agent next week, the Company remains on track for its platform version 1.0 launch in Q3 2025. The new agent allows users to describe tasks in natural language and receive curated agent results, marking the beginning of an internal agent layer for the platform.

The Company continues to monitor the performance of this initiative against traditional marketing channels and maintains flexibility to adjust the approach based on market conditions.

*Data sourced from TOA Stats: taostats.io/subnets/121/chart and correct as 29 June 2025 at 2pm London Time

 

For further information please contact:

 

Sundae Bar Plc

Jill Kenney

+44 (0) 20 3004 9512

Yellow Jersey PR Limited

(Financial PR)

Charles Goodwin & Annabelle Wills

+44 (0) 20 3004 9512

About Reach announcements

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About sundae_bar: Following its successful AIM admission in June 2025, sundae_bar operates a live beta marketplace at sundaebar.ai featuring AI agents across critical business functions including HR automation, cryptocurrency trading, and marketing operations.

The platform emerged from the strategic merger of Ora Technology PLC and Kondor AI PLC, combining enterprise-grade marketplace infrastructure with proven AI expertise and an established community of 60,000+ users.

For more information, visit: sundaebar.ai

About TAO Strategies Ltd:TAO Strategies leverages the power of decentralized AI through innovative programs on the Bittensor network. The company creates performance-based marketing reward mechanisms that incentivize high-quality participation across diverse digital ecosystems.For more information, visit: taostrategies.aiAbout Bittensor: Bittensor is an open-source network that creates a global marketplace for machine-learning models and compute resources. Participants earn rewards in proportion to the value of the intelligence they contribute, fostering a merit-based environment that accelerates AI research and innovation.For more information, visit: bittensor.com

 

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NRAFLMLTMTTTBIA
Date   Source Headline
22nd Jun 20267:00 amRNSDirectorate change
15th Jun 20264:00 pmRNSResult of Warrantholder General Meetings
29th May 20267:00 amRNSCircular Posted & Notice of Warrantholder Meetings
27th May 20267:00 amRNSInterim Results for Six Months Ended 31 March 2026
14th May 20263:50 pmRNS-RTechnology Team Expansion- Deployment of AI Agents
14th May 20267:00 amRNS-RTechnology Team Expansion- Deployment of AI Agents
6th May 20264:47 pmRNSResult of AGM
16th Apr 20267:00 amRNSRule 19.6(c) confirmation
13th Apr 20267:00 amRNSNotice of AGM and Award of Consultant Warrants
2nd Apr 20267:00 amRNS-RFirst revenue from Enterprise AI Agent Deployments
26th Mar 20267:00 amRNSFinal Results for the Year Ended 30 September 2025
17th Mar 20267:00 amRNS-RCommercial Contract for AI Agent Deployment
17th Mar 20267:00 amRNS-RCommercial Contract for AI Agent Deployment
18th Feb 20267:00 amRNS-RLaunch of sundae_bar OpenClaw Deployment Service
17th Feb 20264:37 pmRNSExercise of Warrants and Total Voting Rights
29th Jan 20267:00 amRNS-RUpdate on Generalist AI Agent Development
17th Dec 20257:00 amRNS-RDevelopment of Generalist Commercial AI Agent
30th Oct 20257:00 amRNSResult of WRAP Retail Offer, Issue of Equity & TVR
28th Oct 20254:37 pmRNSWRAP Retail Offer for up to £100,000
28th Oct 20254:30 pmRNSPlacing to Raise £1,000,000
15th Oct 20257:00 amRNSPayments Live on sundae_bar Platform
29th Sep 20254:02 pmRNSChange of Registered Office
15th Sep 202512:00 pmRNS-RSubnet 121 Plan Released on Bittensor Network
20th Aug 20257:00 amRNSLaunch of sundae_bar Platform Version 1.0
5th Aug 20257:00 amRNS-RAppointment of Chief Agent Officer
17th Jul 20257:00 amRNSLaunch of 'Scout' AI Search Assistant Agent
11th Jul 20257:00 amRNS-RImplementation of Bitcoin Treasury Strategy
2nd Jul 20257:00 amRNSResult of WRAP Retail Offer, Issue of Equity & TVR
30th Jun 20257:00 amRNS-RUpdate on TAO Strategies Partnership
27th Jun 20255:08 pmRNSInterim Results
26th Jun 20254:35 pmRNSExtension of WRAP Retail Offer
23rd Jun 20254:35 pmRNSAdoption of Bitcoin Treasury Management Policy
23rd Jun 20254:30 pmRNSWRAP Retail Offer
17th Jun 20257:00 amRNS-RStrategic marketing initiative
5th Jun 20257:00 amRNSLaunch of Live Beta AI Agent Marketplace
3rd Jun 20257:00 amRNSAdmission to AIM and First Day of Dealings

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