Wu Blockchain (@WuBlockchain): According to Bloomberg, crowdsourced quant fund Numerai has secured a commitment of up to $500 million from JPMorgan Asset Management, to be deployed…
Estimated coin impact
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- NMR+85Positive
According to Bloomberg, crowdsourced quant fund Numerai has secured a commitment of up to $500 million from JPMorgan Asset Management, to be deployed over the next year. Backed by Paul Tudor Jones, the fund manages around $450 million and uses its native token, Numeraire (NMR), to incentivize freelance quants worldwide to submit stock trading models and stake predictions. https://t.co/Sm7jX1XQnz