By Marco Piccolo Key highlights: JPMorgan Asset Management has committed up to $500 million to Numerai, significantly boosting the AI hedge fund’s investment capacity. Numerai’s global equity hedge fund delivered over 25% net return in 2024, outperforming many quant competitors. The news triggered a 95% weekly surge in Numeraire (NMR), the platform’s native cryptocurrency. Trade […]
Tag: AUM
By Aaron Watts On-chain tokens fully backed by T-bills and cash reserves, stablecoins emerged as an answer to the volatility of assets like Bitcoin, giving investors an opportunity to escape price instability without cashing out altogether. Over the last decade, it’s fair to say ‘crypto dollars’ have become a much-needed bridge between the worlds of […]