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by: xpoolPosted on: August 26, 2025

JPMorgan Invests $500M in Numerai, Fueling Altcoin Surge

Investment giant JPMorgan Chase & Co. has made a significant move, committing up to $500 million to Numerai, a San Francisco-based hedge fund that invests in altcoins based on predictions from freelance financial experts. This bold investment could double the fund’s current size of approximately $450 million and is expected to propel its native cryptocurrency, Numeraire (NMR), toward new heights.

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Altcoin Hedge Funds JPMorgan

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