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TechFlow, Aug 26 — According to Bloomberg, Numerai LLC, a San Francisco-based quantitative investment firm, has secured up to $500 million in investment commitments from JPMorgan Asset Management, which will be deployed over the next year. The company currently manages approximately $450 million in assets. The platform uses its native token, Numeraire (NMR), as a staking mechanism for predictions.
According to Bloomberg, Numerai LLC, a San Francisco-based quantitative investment firm, has secured up to $500 million in investment commitments from JPMorgan Asset Management, to be deployed over the next year. The company currently manages approximately $450 million in assets. The platform uses its native token, Numeraire (NMR), as a staking mechanism for predictions.
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