Wall Street Giant JPMorgan Secures $500M Capacity in Crypto-Linked AI Fund Numerai

TLDR: JPMorgan Asset Management has secured $500m in Numerai capacity after the hedge fund’s record year of performance. Numerai posted a 25.45% net return in 2024 with only one down month, marking its strongest year since launch. The AI-driven hedge fund grew assets under management from $60m to $450m in just three years. Numerai expanded [...]

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