JPMorgan’s $500M investment in Numerai sends NMR price up 140%
JPMorgan commits $500M to AI-driven hedge fund Numerai. Numeraire (NMR) price surges from $8.11 to $19.55 with heavy trading. Numerai’s AUM is set to nearly double to about $950 million.…
Numeraire price jumps 40% as JPMorgan commits $500m to Numerai
Numeraire price is up 40% to near $12.40 after JPMorgan secured $500 million capacity in Numerai. The NMR token jumped to highs last seen in February. JPMorgan’s move sees Numerai…