Foresight News reports that, according to GMGN market data, the market capitalization of the token NMR from the hedge fund Numerai's blockchain project Numeraire has surpassed $170 million, with an increase of 124% in nearly 10 hours.
Foresight News previously reported that the hedge fund Numerai received a $500 million investment commitment from JPMorgan. Numeraire (NMR) is a decentralized blockchain project that provides a platform for data scientists to build predictive models. They can compete with each other and earn NMR tokens based on the accuracy of their models.