General Tensor adds Backprop Finance

General Tensor has acquired the top trading venue for Bittensor's subnet tokens, buying Backprop Finance from developer Tensorplex Labs and consolidating roughly one-third of the network's trading volume following a $5 million funding round that added new institutional backers.

Backprop Finance operates an all-in-one trading terminal for Dynamic TAO (dTAO) subnet alpha tokens.

The platform includes a swap terminal, subnet screener with consolidated analytics, a gamified trader leaderboard, whale transaction alerts, and wallet-level monitoring.

Its largest user base sits in Asian markets, where the trader-first product earned organic adoption in one of the world's most discerning trading communities.

General Tensor is a vertically integrated infrastructure provider spanning blockchain, AI, and data centers.

The company raised $5 million across pre-seed and seed rounds from backers including Digital Currency Group (DCG), Lvna Capital, and Good Morning Holdings.

This add-on gives the platform deeper access to Asian crypto traders and opens a path toward cross-chain integration with the broader DeFi ecosystem, the company said.

Tensorplex Labs originally built Backprop as part of a financial infrastructure effort for Bittensor.

The handover was structured for zero disruption: all features, user data, and portfolio tracking carry forward, and General Tensor is committing a full development team to the platform.

Former owners said the transition ensures the platform remains a neutral utility for the Bittensor community.