DSV Fund has completed a $100,000 over-the-counter (OTC) investment in Hippius (Subnet 75), a decentralized storage project within the Bittensor ecosystem, positioning it as a potential disruptor to Amazon Web Services (AWS) and Google Cloud.
Hippius undercuts traditional cloud providers by up to 90%, offering enterprise storage at just $300 per month for 100TB—a fraction of the thousands of dollars charged by Big Tech incumbents. Beyond cost savings, the project emphasizes speed, freedom from vendor lock-ins, and a decentralized architecture that funnels value back to Hippius alpha holders.
“Decentralized storage has never really been solved due to the networking challenges involved,” DSV said in its announcement. “But Hippius seems to have pulled a rabbit out of the hat and nailed it.”
The fund described Hippius not just as storage, but as a “memory layer for AI.” Drawing on the analogy of the hippocampus in the human brain, DSV suggested the project could provide essential infrastructure for decentralized intelligence networks like Bittensor.
Siam Kidd, CIO of DSV, added that Hippius could quickly climb into the top 10 Bittensor subnets, predicting “hefty real-world revenue” and new attention for the ecosystem. Kidd also praised the project’s steward, Mogmachine, citing strong endorsements from Bittensor co-founder Const.
The investment marks the latest in a string of high-conviction bets by DSV Fund on subnets with tangible real-world applications. With enterprises facing ever-rising data costs, Hippius’s market entry will test whether decentralized storage can finally make a credible dent in an industry dominated by AWS, Google, and Microsoft.
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