Foresight News reports that according to Bitget's market data, the NMR token of the blockchain project Numeraire under the hedge fund Numerai has broken through 20 USDT, currently priced at 20.41 USDT, with a 24-hour increase of 19.26%, and a market cap exceeding 200 million dollars.

Foresight News previously reported that the hedge fund Numerai received a $500 million investment commitment from JPMorgan on August 27. Numeraire (NMR) is a decentralized blockchain project that provides data scientists with a platform to build predictive models. They can compete with each other and earn NMR tokens based on the accuracy of their models.