TAO Synergies Inc. (Nasdaq: TAOX), formerly known as Synaptogenix, Inc. (Nasdaq: SNPX), officially launched its new identity today as it began trading under the updated ticker symbol “TAOX” on the Nasdaq Exchange. This rebranding marks the company’s formal pivot away from its biotechnology roots toward a bold, crypto-centric strategy centered on TAO, the native cryptocurrency of the decentralized AI blockchain network Bittensor.
The transition signals a transformative shift in corporate vision, as TAO Synergies becomes the first pure-play public company dedicated to the convergence of cryptocurrency and artificial intelligence. The company’s new treasury strategy revolves exclusively around acquiring and staking TAO tokens to generate revenue and capture long-term value through capital appreciation.
PRISM Traders Lens has covered the stock move on the rebrand announcement citing shares up 30%.
Executive Chairman Joshua Silverman commented, “With our team’s deep knowledge of the TAO ecosystem and relationships in the industry, TAO Synergies is positioned to optimize TAO staking as we capitalize on the growth of decentralized AI and increasing institutional interest in new innovations.”
Under the new strategy, TAO Synergies intends to stake its TAO holdings on the Bittensor network, earning yield while participating in one of the most advanced decentralized AI systems in the blockchain space. The move reflects a broader market trend as investors increasingly seek exposure to assets that sit at the intersection of two transformative technologies: crypto and AI.
While the company’s name and ticker have changed, its CUSIP number remains the same, and no action is required from existing shareholders. All future SEC filings and trading activity will now reflect the new symbol TAOX.
TAO Synergies has also announced plans to launch a new corporate website later this summer to provide further details about its role within the TAO ecosystem, staking operations, and long-term vision.
As the crypto and AI sectors continue to gain mainstream traction, TAO Synergies aims to be a publicly traded gateway for institutional and retail investors looking to tap into the value creation potential of the TAO blockchain.
The post PRISM Trades: Synaptogenix, Inc. Rebrands as TAO Synergies (TAOX), an AI-Focused Crypto Play appeared first on PRISM MarketView.
