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JPMorgan Commits US$500M to AI Hedge Fund Numerai, Doubling Crypto-Friendly Manager’s Assets

On: August 29, 2025

Numerai secures US$500M (AU$765M) commitment from JPMorgan, doubling current AUM. Crowdsourced AI models staked with Numeraire tokens guide trading and investment strategies. JPMorgan’s involvement strengthens institutional legitimacy for crypto-integrated hedge fund operations. Crowdsourced hedge fund Numerai has secured a pledge worth US$500 million (AU$765 million) from JPMorgan Asset Management, moreContinue Reading

Chamath Returns: $250M SPAC Targets AI, DeFi, Energy & Defence

By: Elite Crypto News

On: August 21, 2025

In: AI, Bitcoin, DeFi

Chamath Palihapitiya has returned to the SPAC market with a new $250 million vehicle, American Exceptionalism Acquisition Corp A (AEXA), which will focus on companies in the AI and decentralised finance (DeFi) sectors. The SEC filing for the new SPAC states that while Palihapitiya has been a long-time proponent ofContinue Reading

Bloomberg: Bitcoin Miner MARA Eyes $168M Deal for Majority Stake in French AI Data Firm

By: Elite Crypto News

On: August 12, 2025

In: AI, MARA Holdings

MARA Holdings is in advanced talks to purchase a 64% stake in France’s Exaion for US$168 million in cash. The acquisition marks a strategic pivot for MARA toward AI inference operations, a move that differentiates it from other Bitcoin miners focusing on hyperscale data-center services. MARA aims to leverage bothContinue Reading

Coinbase Discloses It Will ‘Evaluate Any ETH Fork Tokens Following The Merge’

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JPMorgan Commits US$500M to AI Hedge Fund Numerai, Doubling Crypto-Friendly Manager’s Assets

Chamath Returns: $250M SPAC Targets AI, DeFi, Energy & Defence

Bloomberg: Bitcoin Miner MARA Eyes $168M Deal for Majority Stake in French AI Data Firm