By Chainwire [PRESS RELEASE – San Francisco, CA, July 17th, 2026] Crowdsourced Hedge Fund Completes Third Open-Market Purchase as Contributor Network and Assets Continue to Grow Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced the completion of a third strategic purchase of Numeraire (NMR), acquiring an additional $1.2 million of the […]
Tag: NMR
By Vuk Martin AI is eating the software world, and crypto is trying to feed it. That’s the simple story behind AI crypto coins in 2026. They’re tokens that help pay for compute (often GPUs), move data safely, run AI agents, or sell AI services in open marketplaces. Some projects focus on decentralized cloud power, […]
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 […]