Numeraire Token Surges Amid Investment Commitment

According to Foresight News, the Numeraire (NMR) token, associated with the blockchain project of hedge fund Numerai, has surpassed 20 USDT, currently trading at 20.41 USDT. This marks a 24-hour increase of 19.26%, with its market capitalization exceeding $200 million. Previously, Foresight News reported that Numerai received a $500 million investment commitment from JPMorgan on August 27. Numeraire is a decentralized blockchain platform designed for data scientists to build predictive models. Participants can compete and earn NMR tokens based on the accuracy of their models.