JPMorgan Commits US$500M to AI Hedge Fund Numerai, Doubling Crypto-Friendly Manager’s Assets
2025-08-29
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