📈 #NMR : Institutional Interest and the AI Revolution!
The price of the Numeraire coin (NMR) has risen due to significant news. The key catalyst was the announcement of an investment of up to $500 million from JPMorgan in Numerai's main fund.
This event doubled the assets under management of Numerai and confirmed the growing interest of large financial institutions in projects that combine artificial intelligence and blockchain. In addition, the price is influenced by token buybacks and protocol improvements.
Such institutional confirmation is a strong signal to the market.
